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USD/CAD Outlook: A Slow Start to 2023 for the US Dollar

Started by forex4you, Jan 04, 2023, 03:48 pm

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Jan 04, 2023, 03:48 pm
USD/CAD Outlook: A Slow Start to 2023 for the US Dollar

The dollar index started in 2023 slowly and was most recently down 0.029% at 103.610. The dollar index increased 8% last year, its largest annual increase since 2015. Oil prices dropped from their highest points in a month amid disappointing Chinese economic data. Today’s USD/CAD outlook is bearish as the dollar’s weakness boosts the Canadian … Continued


The post USD/CAD Outlook: A Slow Start to 2023 for the US Dollar appeared first on Forex Crunch.


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