USD/CAD Price Analysis: Hotter Inflation Dims BoC Cut Bets
The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada. Markets are pricing a 63% chance of a BoC pause in March. The US dollar strengthened amid safe-haven buying. The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada, leading to a decline in the Bank of Canada rate cut expectations. As a result, the... The post USD/CAD Price Analysis: Hotter Inflation Dims BoC Cut Bets appeared first on Forex Crunch.
The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada. Markets are pricing a 63% chance of a BoC pause in March. The US dollar strengthened amid safe-haven buying. The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada, leading to a decline in the Bank of Canada rate cut expectations. As a result, the...
The post USD/CAD Price Analysis: Hotter Inflation Dims BoC Cut Bets appeared first on Forex Crunch.
