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USD/CAD Outlook: Rising Interest Rates Trigger Recession Worries

Started by forex4you, Nov 01, 2022, 10:15 am

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Nov 01, 2022, 10:15 am
USD/CAD Outlook: Rising Interest Rates Trigger Recession Worries

The BoC has increased interest rates by 350bps in just seven months. Many are pleading with the BoC to ease up on rate hikes as consumers suffer. The Fed will likely maintain its aggressive policy as there are signs inflation pressure is still present. Today’s USD/CAD outlook is bullish as recession worries in Canada weaken … Continued


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