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USD/CAD Forecast: Dollar Rally Resumes After Brief Lull

by Forex Crunch
December 23, 2024
in Forex Analysis
Reading Time: 1 min read

Inflation increased by 0.1%, lower than the forecast of 0.2%. Market participants have adjusted to a more gradual outlook for the Fed. Data from Canada showed retail sales increasing by 0.6%. The USD/CAD forecast shows an extension of last week’s rally after a brief pause on Friday. The dollar eased as the week ended due…
The post USD/CAD Forecast: Dollar Rally Resumes After Brief Lull appeared first on Forex Crunch.
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