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USD/CAD Forecast: Dollar Bulls Charged Amid US Debt Risk

USD/CAD Forecast: Dollar Bulls Charged Amid US Debt Risk
The dollar rose primarily due to its safe-haven status. Canada’s consumer price index experienced a year-over-year increase of 4.4% in April. Markets now indicate a nearly 50% likelihood of a BOC rate increase by July. Today’s USD/CAD forecast is bullish. On Wednesday, the dollar strengthened primarily due to the potential risk of a US debt … Continued The post USD/CAD Forecast: Dollar Bulls Charged Amid US Debt Risk appeared first on Forex Crunch... Read More
Posted: May 17 2023, 10:31
Author Name: forexcrunch
Views: 102095

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