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USD/CAD Price Analysis: Bulls Struggling to Gain as WTI Rebounds

Started by forex4you, Oct 19, 2022, 01:04 pm

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Oct 19, 2022, 01:04 pm
USD/CAD Price Analysis: Bulls Struggling to Gain as WTI Rebounds

Oil prices are rising on the back of the weaker dollar, boosting the Canadian dollar. The US dollar is trading at its lowest level since October 6. Business inflation forecasts in Canada remain high. Today’s USD/CAD price analysis is bearish as the Canadian dollar gains ground on rising oil prices. Tuesday saw an increase in … Continued


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