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USD/CAD Weekly Forecast: USD Struggles as Inflation Expected to Cool

Started by forex4you, Sep 11, 2022, 08:13 am

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Sep 11, 2022, 08:13 am
USD/CAD Weekly Forecast: USD Struggles as Inflation Expected to Cool

The BoC raised rates to a 14-year high. Investors expect the Fed to deliver a 75bps rate hike this month. US Inflation is expected to drop slightly in August. The USD/CAD weekly forecast is bearish. The pair might extend losses as the Canadian dollar strengthens after the rate hike. -If you are interested in knowing … Continued


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