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USD/CAD Outlook: Greenback Struggling Ahead of US Inflation
The week’s focal point is the impending release of the US Consumer Price Index. Headline US inflation will experience a slight uptick to an annual rate of 3.3%. Recent extensions to output reductions by Saudi Arabia and Russia have lifted oil prices. Today’s USD/CAD outlook is bearish. The dollar experienced a decline against most currencies … Continued The post USD/CAD Outlook: Greenback Struggling Ahead of US Inflation appeared first on Forex Crunch...
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Posted: Aug 10 2023, 10:25
Author Name: forexcrunch
Views: 110528