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USD/CAD Forecast: Loonie Struggles with Oil, Rate Cut Bets

by Forex Crunch
May 28, 2025
in Forex Analysis
Reading Time: 1 min read

The USD/CAD forecast is slightly bullish as it breaks 1.3800 as the dollar recovers ground after upbeat data. Falling oil prices and rising rate cut odds weaken loonie. Market participants eye FOMC meeting minutes and key US data ahead. The USD/CAD forecast remains slightly positive as the price soars beyond 1.3800 on Wednesday, following a…
The post USD/CAD Forecast: Loonie Struggles with Oil, Rate Cut Bets appeared first on Forex Crunch.
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