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club Felene

USD/CAD Outlook: Upbeat US CPI Sparks Strong Rally

by Forex Crunch
October 11, 2024
in Forex Analysis
Reading Time: 1 min read

Data on Thursday showed that inflation jumped more than expected in September. US unemployment claims increased to 258,000 compared to estimates of 230,000. Canada’s economy might add 29,800 jobs, an increase from the previous 22,100. The USD/CAD outlook shows a strong rally in the pair as the dollar shines amid upbeat economic data. At the…
The post USD/CAD Outlook: Upbeat US CPI Sparks Strong Rally appeared first on Forex Crunch.
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