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USD/CAD Outlook: Buyers Struggling Ahead of BoC Minutes

Started by forex4you, Jan 24, 2023, 07:48 am

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USD/CAD Outlook: Buyers Struggling Ahead of BoC Minutes

The Bank of Canada will release minutes from its policy-setting meeting this week. Data released Friday revealed that Canadian retail sales dipped by 0.1% in November.  Canada's sales probably increased by 0.5% in December. Today's USD/CAD outlook is bearish as the Canadian dollar strengthens. The Bank of Canada will release minutes from its policy-setting meeting … Continued


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