The Fed raised rates on Wednesday by a massive 75bps. The US posted a mixed job report that showed signs the labor market might be cooling. Canada posted massive job growth, ten times higher than the forecast. The USD/CAD weekly forecast is bearish as the pair will likely extend Friday’s losses into next week. The … Continued
The post USD/CAD Weekly Forecast: Plummets on US Jobs Data, Eying US CPI appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- GBP/USD Price Rebounds as UK Inflation Remains Hot - April 17, 2024
- EUR/USD Forecast: Dollar Eases After Impressive Surge - April 17, 2024
- AUD/USD Price Analysis: Picks up Amid China’s Economic Growth - April 17, 2024