BoCFed
USD/CAD Outlook: Bullish as BoC-Fed Divergence Widens – Beragampengetahuan
Headline US inflation rose 0.4% monthly and 3.5% on an annual basis. Investors now expect the first Fed cut in September. Governor Tiff Macklem said that the BoC will likely cut rates in June. The USD/CAD outlook shines brighter with bullish prospects as the outlook for rate cuts between Canada and the US continues to […]
USD/CAD Weekly Forecast: BoC-Fed Divergence Favors Bears – Beragampengetahuan
The Canadian economy experienced its third consecutive month of sluggish performance. Canada’s annual inflation rate stayed at 3.1% in November. US prices experienced their first decline in over 3 1/2 years in November. The outlook takes a bearish turn in the USD/CAD weekly forecast as the Bank of Canada urges caution, deeming it premature to […]