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USD/CAD Price Analysis: Bulls Fade Despite Fed’s Hawkishness

Started by forex4you, Nov 15, 2022, 10:53 am

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Nov 15, 2022, 10:53 am
USD/CAD Price Analysis: Bulls Fade Despite Fed's Hawkishness

Fed policymakers are calling for tighter monetary policy, boosting the dollar. BoC governor Macklem admitted that low-income Canadians would bear the rising rates’ brunt. Analysts expect Canada’s inflation to hold at 6.9% in October. Today’s USD/CAD price analysis is slightly bullish. On Tuesday, the US dollar strengthened versus other major peers as more Federal Reserve … Continued


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