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USD/CAD Outlook: Loonie Relieved as BoC Hits Pause

by Forex Crunch
April 17, 2025
in Forex Analysis
Reading Time: 1 min read

The USD/CAD outlook shows relief for the loonie after a BoC pause. Market participants are pricing a 50% chance of a BoC rate cut in June. The greenback paused its decline after US retail sales rose by 1.4%. The USD/CAD outlook shows relief for the Canadian dollar after the Bank of Canada paused after seven…
The post USD/CAD Outlook: Loonie Relieved as BoC Hits Pause appeared first on Forex Crunch.
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