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USD/CAD Outlook: Soars Above 1.39 Amid Economic Divergence

by Forex Crunch
October 28, 2024
in Forex Analysis
Reading Time: 1 min read

Sales in Canada rose by 0.4% compared to a 0.5% forecast. The US economy is doing much better than most economists forecast. Traders are awaiting the crucial US presidential election. The USD/CAD outlook shows an economic divergence between Canada and the US, which has propelled the pair higher. At the same time, the Bank of…
The post USD/CAD Outlook: Soars Above 1.39 Amid Economic Divergence appeared first on Forex Crunch.
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