The USD/CAD pair is still clinging to its lows of the past two months. The US dollar has failed to support high Treasury yields for several months. Geopolitical concerns and a weaker dollar are causing oil prices to soar. Powell at the Fed, risk catalysts awaiting fresh impetus. The USD/CAD price forecast remains strongly bearish … Continued
The post USD/CAD Forecast: Posts New 2022 Lows Amid Soaring WTI, Eying Fed appeared first on Forex Crunch.