USD/CAD Forecast: Loonie Jumps after BoC Pause

The USD/CAD forecast shows a cautious Bank of Canada that has boosted the Canadian dollar.  Market participants are pricing a 45% chance of a BoC rate cut in July. Data revealed weaker-than-expected US private employment. The USD/CAD forecast shows a cautious Bank of Canada that has boosted the Canadian dollar. At the same time, downbeat... The post USD/CAD Forecast: Loonie Jumps after BoC Pause appeared first on Forex Crunch.

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