USD/CAD Forecast: Dollar Recovers Ahead of Fed Rates

<div><img width="400" height="267" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags.jpg" class="type:primaryImage wp-post-image" alt="my USD/CAD forecast" style="margin-bottom: 15px;" decoding="async" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags.jpg 400w, https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags-300×200.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags-150×100.jpg 150w" sizes="(max-width: 400px) 100vw, 400px" /></div>
<p>Traders are preparing for the conclusion of a Federal Reserve policy meeting. Investors are waiting to see if Powell opposes the idea of interest rate cuts in the first half of 2024. The Bank of Canada could be one of the first central banks to ease in 2024. On Wednesday, the USD/CAD forecast leaned towards…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/13/usd-cad-forecast-dollar-recovers-ahead-of-fed-rates/">USD/CAD Forecast: Dollar Recovers Ahead of Fed Rates</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>