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USD/CAD Weekly Forecast: Gaining Ahead of Major BoC Cut

by Forex Crunch
December 7, 2024
in Forex Analysis
Reading Time: 1 min read

Traders increased the likelihood of a massive Bank of Canada rate cut in December. Canada’s unemployment rate jumped from 6.5% to 6.8%. US job growth surged, with over 200,000 jobs in November. The USD/CAD weekly forecast suggests further upside for the pair as markets await another massive BoC rate cut. Ups and downs of USD/CAD…
The post USD/CAD Weekly Forecast: Gaining Ahead of Major BoC Cut appeared first on Forex Crunch.
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  • UK Unemployment Rate Edges Up Slightly to 4.4% in November 2024 January 21, 2025
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