The BoC lowered borrowing costs by 25-bps as expected. Canada’s central bank downgraded its economic forecasts. The Federal Reserve kept rates unchanged as expected. The USD/CAD forecast shows a divergence in policy and economic outlooks between the Bank of Canada and the Fed due to Trump’s policies. BoC policymakers are worried Trump’s tariffs will weaken…
The post USD/CAD Forecast: BoC-Fed Divergence Widens After Trump appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- USD/JPY Weekly Forecast: Surging Risk Appetite Drags Yen Lower - April 26, 2025
- AUD/USD Weekly Forecast: Aussie Gains on Trade Deal Hopes - April 26, 2025
- USD/JPY Price Analysis: Inflation, Tariffs Complicate BoJ Path - April 25, 2025
