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USD/CAD Outlook: SVB Collapse Weighing on the Greenback

Started by forex4you, Mar 13, 2023, 11:01 am

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Mar 13, 2023, 11:01 am
USD/CAD Outlook: SVB Collapse Weighing on the Greenback

Goldman Sachs no longer expects the Fed to raise interest rates this month. The market is pricing in a nearly 18% chance of the Fed maintaining its current rate. The Canadian economy outperformed expectations in February by creating 21,800 new jobs. Today's USD/CAD outlook is bearish. The dollar index, which measures the dollar’s value in … Continued


The post USD/CAD Outlook: SVB Collapse Weighing on the Greenback appeared first on Forex Crunch.


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