Canadian Dollar Outlook: USD/CAD, GBP/CAD Rise, Is the Oil Correlation Dead?

BY admin admin

The Bank of Canada looks on course to hold rates steady once more. This coupled with a rebound in the Dollar has weighed on the Canadian Dollar, while the long-held view regarding correlation between Oil prices and the CAD continues to be tested.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Oil Drops: Price Volatility and Global Concerns

<div><img width="1200" height="800" src="https://www.financebrokerage.com/wp-content/uploads/2023/02/oil-2.jpg" class="attachment-post-thumbnail size-post-t

Forex

Fed’s Goolsbee: Declaring inflation victory now is premature, akin to counting the chickens

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-fed3.jpg" class="attachment-post-thumbnail size-post-

Forex

Reminder: UK CPI data release today is at 0700 GMT

The ONS has changed their schedule for market-sensitive economic data releases from 0930 GMT to 0700 GMT here ForexLive

Copyright © 2024 | WordPress Theme: Xews Lite