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USD/CAD Forecast: Eying Recovery Above 1.27 amid Soft Oil, BOC

Started by forex4you, Feb 03, 2022, 04:07 am

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Feb 03, 2022, 04:07 am
USD/CAD Forecast: Eying Recovery Above 1.27 amid Soft Oil, BOC

The USDCAD bounces off a weekly low after breaking a 2-day downtrend. Low oil prices remain due to a lack of catalysts and cautious sentiment leading up to the OPEC+ meeting. Gravelle BOC building permits will be placed on a watch list before an important job report. As of early European morning Wednesday, the USD/CAD … Continued


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