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USD/CAD Price Analysis: Hotter Inflation Dims BoC Cut Bets

by Forex Crunch
February 19, 2025
in Forex Analysis
Reading Time: 1 min read

The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada. Markets are pricing a 63% chance of a BoC pause in March. The US dollar strengthened amid safe-haven buying. The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada, leading to a decline in the Bank of Canada rate cut expectations. As a result, the…
The post USD/CAD Price Analysis: Hotter Inflation Dims BoC Cut Bets appeared first on Forex Crunch.
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