Started by forex4you, Feb 16, 2022, 11:31 am
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The USD/CAD pair hit a fresh weekly low on Wednesday due to a combination of factors. Rising oil prices supported the dollar and put it under downward pressure. Risk appetite pushed down the safe-haven dollar and increased selling sentiment. Market participants are watching Canada’s CPI and US Retail Sales, as well as the minutes from … Continued
The post USD/CAD Outlook: Strong Oil, Soft USD Pushing Below 1.27, Awaits Fed appeared first on Forex Crunch.
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