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USD/CAD Forecast: Posts New 2022 Lows Amid Soaring WTI, Eying Fed

Started by forex4you, Mar 24, 2022, 05:28 am

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Mar 24, 2022, 05:28 am
USD/CAD Forecast: Posts New 2022 Lows Amid Soaring WTI, Eying Fed

The USD/CAD pair is still clinging to its lows of the past two months. The US dollar has failed to support high Treasury yields for several months. Geopolitical concerns and a weaker dollar are causing oil prices to soar. Powell at the Fed, risk catalysts awaiting fresh impetus. The USD/CAD price forecast remains strongly bearish … Continued


The post USD/CAD Forecast: Posts New 2022 Lows Amid Soaring WTI, Eying Fed appeared first on Forex Crunch.


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