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USD/CAD Forecast: Bears Gathering Pace Below 1.27 Despite Soft Oil

Started by forex4you, Feb 10, 2022, 09:42 am

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Feb 10, 2022, 09:42 am
USD/CAD Forecast: Bears Gathering Pace Below 1.27 Despite Soft Oil

Amidst market turmoil, the USD/CAD is struggling near intraday lows. WTI Oil falls to a week low on supply concerns and less activity in . Macklem cited evidence that global supply chains and inflation were eased. The USD/CAD forecast is bearish as the price turns negative below certain levels despite softer oil prices. Following the … Continued


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