USD/CAD Outlook: CAD Steadies as Canada’s GDP Surprises

The USD/CAD outlook indicates unexpected strength in Canada’s economy. The outlook for Canada’s economy remains gloomy. PCE data revealed a decline in US consumer spending. The USD/CAD outlook indicates unexpected strength in Canada’s economy that has paused the loonie’s recent decline. However, the outlook for the currency remains bleak as market participants expect Trump’s tariffs... The post USD/CAD Outlook: CAD Steadies as Canada’s GDP Surprises appeared first on Forex Crunch.

Mar 3, 2025 - 13:55
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USD/CAD Outlook: CAD Steadies as Canada’s GDP Surprises
my USD/CAD forecast

The USD/CAD outlook indicates unexpected strength in Canada’s economy. The outlook for Canada’s economy remains gloomy. PCE data revealed a decline in US consumer spending. The USD/CAD outlook indicates unexpected strength in Canada’s economy that has paused the loonie’s recent decline. However, the outlook for the currency remains bleak as market participants expect Trump’s tariffs...

The post USD/CAD Outlook: CAD Steadies as Canada’s GDP Surprises appeared first on Forex Crunch.