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USD/CAD Price Analysis: Canada Inflation Exceeds Projections

by Forex Crunch
November 20, 2024
in Forex Analysis
Reading Time: 1 min read

Canada’s inflation prices increased by 2.0% in October. The greenback eased after a rally early on Tuesday due to safe-haven demand.  Markets await more clues on the outlook for Fed rate cuts.  The USD/CAD price analysis shows a bearish shift in sentiment after data revealed that inflation in Canada was higher than expected. Meanwhile, the…
The post USD/CAD Price Analysis: Canada Inflation Exceeds Projections appeared first on Forex Crunch.
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