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club Felene

USD/CAD Forecast: Dollar Eases on Soft US Inflation Figures

by Forex Crunch
March 13, 2025
in Forex Analysis
Reading Time: 1 min read

The USD/CAD forecast shows a weaker dollar. Data in the previous session revealed softer-than-expected US consumer inflation. The Bank of Canada cut interest rates by 25-bps on Wednesday, as expected. The USD/CAD forecast shows increased bearish momentum after downbeat US inflation data. At the same time, the Canadian dollar strengthened after a cautious tone during…
The post USD/CAD Forecast: Dollar Eases on Soft US Inflation Figures appeared first on Forex Crunch.
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