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USDCAD Technical Analysis - Waiting for the CPI

Over the past week, many central bank speakers have shared their perspectives. The prevailing consensus remains unchanged: a wait-and-see approach is favoured to gauge the necessity of further tightening. While the majority of the FOMC expects two additional rate hikes this year, they consistently highlight that such decisions are subject to the data. The latest data from last week leans towards a hike though as the housing market indicators surprised to the upside, the US Jobless Claims remaine... Read More

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Content Topics

Usdcad

Technical

Analysis

Waiting

Forex

Posted: Jun 27 2023, 10:38

Author Name: forexlive

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