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club Felene

USD/CAD Price Analysis: Upbeat US Data Ignites Bulls

by Forex Crunch
December 18, 2024
in Forex Analysis
Reading Time: 1 min read

Data on Tuesday revealed that US retail sales jumped by 0.7% in November. Market participants are pricing a 97% chance of a Fed rate cut. Data revealed that inflation in Canada eased from 2.0% to 1.9% in November. The USD/CAD price analysis indicates a resurgence in bullish momentum following another positive US economic report. Meanwhile,…
The post USD/CAD Price Analysis: Upbeat US Data Ignites Bulls appeared first on Forex Crunch.
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