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USD/CAD Forecast: Tight Consolidation Ahead of US CPI

by Forex Crunch
November 13, 2024
in Forex Analysis
Reading Time: 1 min read

Economists expect the US monthly CPI to increase by 0.2%. Trump’s import tariffs will affect Canada’s economy. OPEC lowered its forecast for oil demand growth this year and in 2025. The USD/CAD forecast shows a tight consolidation as traders prepare for the US consumer price index report. Meanwhile, the Canadian dollar remained fragile as oil…
The post USD/CAD Forecast: Tight Consolidation Ahead of US CPI appeared first on Forex Crunch.
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