my USD/CAD forecast

The Canadian economy experienced its third consecutive month of sluggish performance. Canada’s annual inflation rate stayed at 3.1% in November. US prices experienced their first decline in over 3 1/2 years in November. The outlook takes a bearish turn in the USD/CAD weekly forecast as the Bank of Canada urges caution, deeming it premature to…

The post USD/CAD Weekly Forecast: BoC-Fed Divergence Favors Bears appeared first on Forex Crunch.

Source: https://www.forexcrunch.com/blog/2023/12/23/usd-cad-weekly-forecast-boc-fed-divergence-favors-bears/