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USD/CAD Outlook: Finance Minister’s Exit Shakes Loonie

by Forex Crunch
December 17, 2024
in Forex Analysis
Reading Time: 1 min read

The Canadian dollar fell after Finance Minister Chrystia Freeland suddenly resigned. The loonie fell as oil prices dropped amid demand concerns. Data in the previous session showed a sharp improvement in US service sector business activity. The USD/CAD outlook shows a weakening Canadian dollar after the Finance Minister’s resignation and falling oil prices, while the…
The post USD/CAD Outlook: Finance Minister’s Exit Shakes Loonie appeared first on Forex Crunch.
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