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USD/CAD Price Analysis: Markets Predict a BOC Rate Hike

USD/CAD Price Analysis: Markets Predict a BOC Rate Hike
On Tuesday, the Canadian dollar reached a nearly four-week high against the greenback. Money markets estimate approximately a 45% probability of the BOC raising rates. Investors expect the Fed to hold rates at the next meeting. Today’s USD/CAD price analysis is bearish. The Canadian dollar hovered near an almost four-week high against the greenback. -Are … Continued The post USD/CAD Price Analysis: Markets Predict a BOC Rate Hike appeared first on Forex Crunch... Read More
Posted: Jun 7 2023, 09:04
Author Name: forexcrunch
Views: 081294

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