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USD/CAD Weekly Forecast: Less Hawkish Fed Amid Low US CPI

USD/CAD Weekly Forecast: Less Hawkish Fed Amid Low US CPI
In May, consumer prices in the US showed minimal growth. The Fed paused for the first time after ten consecutive rate hikes. The Canadian dollar reached a nine-month peak against the dollar. The USD/CAD weekly forecast is bearish as cooling US inflation could lead to a less hawkish Fed. Moreover, the Fed’s pause may likely … Continued The post USD/CAD Weekly Forecast: Less Hawkish Fed Amid Low US CPI appeared first on Forex Crunch... Read More
Posted: Jun 18 2023, 10:23
Author Name: forexcrunch
Views: 102639

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