The Canadian dollar remained strong amid higher oil prices. Oil hit a 10-month high on Friday. Economists expect Canada’s inflation to record an annual rate of 3.8% in August. Today’s USD/CAD forecast is bearish as the oil rally has boosted the loonie. The Canadian dollar pulled back slightly against the dollar on Monday. However, it…
The post USD/CAD Forecast: Loonie Stalls Gains Led by Soaring WTI appeared first on Forex Crunch.
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