USD/CAD Forecast: Bulls Retained at 1.35, Focus on FOMC
<p>The Commerce Department reported a significant 0.7% surge in U.S. retail sales. Canada’s yearly inflation rate surged beyond expectations to 3.3% in July. There are increased expectations for a quarter-percentage-point BOC rate hike in September. Today’s USD/CAD forecast is slightly bearish. Although the dollar fell, it remained close to a one-month top hit on Monday. … <a href="https://www.forexcrunch.com/usd-cad-forecast-bulls-retained-at-1-35-focus-on-fomc/">Continued</a></p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/usd-cad-forecast-bulls-retained-at-1-35-focus-on-fomc/">USD/CAD Forecast: Bulls Retained at 1.35, Focus on FOMC</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>
Leave a Comment