USD/CAD Price Analysis: BoC Rate Cut Odds Fall Amid Hot CPI

The USD/CAD price analysis indicates a lower likelihood of a BoC rate cut in June. Core inflation in Canada was hotter than expected. Fed policymakers maintained that the economic outlook was uncertain. The USD/CAD price analysis indicates a lower likelihood of a Bank of Canada rate cut in June, which is pushing the Canadian dollar... The post USD/CAD Price Analysis: BoC Rate Cut Odds Fall Amid Hot CPI appeared first on Forex Crunch.

May 21, 2025 - 12:00
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USD/CAD Price Analysis: BoC Rate Cut Odds Fall Amid Hot CPI
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The USD/CAD price analysis indicates a lower likelihood of a BoC rate cut in June. Core inflation in Canada was hotter than expected. Fed policymakers maintained that the economic outlook was uncertain. The USD/CAD price analysis indicates a lower likelihood of a Bank of Canada rate cut in June, which is pushing the Canadian dollar...

The post USD/CAD Price Analysis: BoC Rate Cut Odds Fall Amid Hot CPI appeared first on Forex Crunch.