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USD/CAD Weekly Forecast: Investors Eying BoC Rate Decision

Started by forex4you, Dec 05, 2022, 12:42 pm

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USD/CAD Weekly Forecast: Investors Eying BoC Rate Decision

Markets have reduced the probability of a 50bps rate hike from the BoC. The Fed will likely still slow rates after the positive US jobs data. A few economists expect the BoC to deliver a 50bps rate hike next week. The USD/CAD weekly forecast is slightly bullish as bets of a 50bps BoC rate hike … Continued


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