USD/CAD Forecast: Dollar Eases on Soft US Inflation Figures
The USD/CAD forecast shows a weaker dollar. Data in the previous session revealed softer-than-expected US consumer inflation. The Bank of Canada cut interest rates by 25-bps on Wednesday, as expected. The USD/CAD forecast shows increased bearish momentum after downbeat US inflation data. At the same time, the Canadian dollar strengthened after a cautious tone during... The post USD/CAD Forecast: Dollar Eases on Soft US Inflation Figures appeared first on Forex Crunch.
The USD/CAD forecast shows a weaker dollar. Data in the previous session revealed softer-than-expected US consumer inflation. The Bank of Canada cut interest rates by 25-bps on Wednesday, as expected. The USD/CAD forecast shows increased bearish momentum after downbeat US inflation data. At the same time, the Canadian dollar strengthened after a cautious tone during...
The post USD/CAD Forecast: Dollar Eases on Soft US Inflation Figures appeared first on Forex Crunch.
