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USD/CAD Price Prone to Further Gains amid Recession, Eying US NFP

by Forex Crunch
October 7, 2022
in Forex Analysis
Reading Time: 1 min read

The Canadian dollar is expected to underperform as the BoC pushes Canada closer to recession. Growth in Canada has slowed, with interest rates at a 14-year high. Markets expect the Fed to be more aggressive for longer than the BoC. Today’s USD/CAD price analysis is bullish. According to a Reuters poll, the Canadian dollar is … Continued
The post USD/CAD Price Prone to Further Gains amid Recession, Eying US NFP appeared first on Forex Crunch.
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