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club Felene

USD/CAD Forecast: BoC’s Pause Boosts Loonie

by Forex Crunch
June 2, 2025
in Forex Analysis
Reading Time: 1 min read

The USD/CAD forecast suggests solid bearish sentiment. Canada’s GDP expanded by 2.2% in the first quarter, beating estimates of a 1.7% increase. Trump threatened to increase tariffs on aluminium and steel imports to 50%. The USD/CAD forecast suggests solid bearish sentiment as the Canadian dollar extends gains after an upbeat GDP report. At the same…
The post USD/CAD Forecast: BoC’s Pause Boosts Loonie appeared first on Forex Crunch.
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