USD/CAD rallied after the ECB meeting on dollar strength. The Bank of Canada remains focused on taming inflation. The bulls are attempting a break of 1.2700 in the charts. The USD/CAD price closed Thursday on an impressive bullish candle after the ECB meeting, rendering a strongly bullish forecast. The ECB held interest rates at 0.00%, … Continued
The post USD/CAD Forecast: Rallying Above 1.2700 Ahead of US Inflation Data appeared first on Forex Crunch.
- AUD/USD Price Eying Deeper Retracement as USD Bulls Reemerge - August 15, 2022
- USD/JPY Forecast: Japan’s Economy Shows Mild Rebound After COVID - August 15, 2022
- USD/CAD Outlook: Lower Oil Prices Weakening Canadian Dollar - August 15, 2022