Several policymakers gave reasons why there was no hurry to lower interest rates. Oil prices rose due to signs that Middle East tensions will likely continue. Canada’s economy recorded a surprise deficit in January as exports fell and imports rose. Thursday’s USD/CAD outlook was slightly bullish as the US dollar strengthened after policymakers continued to…
The post USD/CAD Outlook: US Dollar Rises as Rate Cut Bets Fade appeared first on Forex Crunch.
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