Subscribe To
USD/CAD Outlook: Soaring as Oil Prices Fall
Oil fell due to fears that a potential recession could reduce fuel demand. Macklem believes that the effect of increased US rates on the Canadian dollar is not a major concern. The Fed is expected to lift rates again in May. The USD/CAD outlook improved on Friday as the Canadian dollar extended losses from the … Continued The post USD/CAD Outlook: Soaring as Oil Prices Fall appeared first on Forex Crunch...
Read More
Posted: Apr 21 2023, 08:43
Author Name: forexcrunch
Views: 102112