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USD/CAD Outlook: Fed Raises Rates, But Signals Looming Pause

Started by forex4you, Mar 24, 2023, 06:27 am

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USD/CAD Outlook: Fed Raises Rates, But Signals Looming Pause

The Federal Reserve is getting close to pausing its tightening program. The Fed increased rates by a quarter of a percentage point. The sharp rise in mortgage rates hurt Canada's housing market. Today's USD/CAD outlook is bearish. On Wednesday, investors applauded the Federal Reserve’s indication that it is getting close to pausing its tightening program. … Continued


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