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USD/CAD Outlook: US Treasury Sec. Nomination Boosts Dollar

by Forex Crunch
November 25, 2024
in Forex Analysis
Reading Time: 1 min read

The dollar started the week strong as markets reacted to Trump’s choice for Treasury Secretary. Canada’s inflation increased by 0.4%, above estimates of 0.3%. Retail sales in Canada jumped by 0.4% in September. The USD/CAD outlook shows a rebound in the pair as the dollar rallies after Trump chose a new Treasury Secretary. However, the…
The post USD/CAD Outlook: US Treasury Sec. Nomination Boosts Dollar appeared first on Forex Crunch.
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