Started by forex4you, Mar 13, 2023, 08:29 am
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Powell repeated his hawkish stance but struck a cautious note. The Bank of Canada opted to halt its tightening campaign on Wednesday. In January, Canada unexpectedly recorded a trade surplus of C$1.9 billion ($1.4 billion). Today's USD/CAD forecast is bullish. After Federal Reserve Chair Jerome Powell’s speech, the dollar was trading close to a three-month … Continued
The post USD/CAD Forecast: Loonie Hits 5-Month Low After BOC’s Pause appeared first on Forex Crunch.
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