USD/CAD Outlook: Dollar Edges Higher with 0.3% Weekly Loss

<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" decoding="async" style="margin-bottom: 15px;" 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>Powell stated that the robust US economy might necessitate stricter borrowing conditions. US crude oil futures settled at $89.37 per barrel, rising 1.2% on Thursday. Canadian producer prices rose by 0.4% in September compared to August. The USD/CAD outlook remains optimistic, with the dollar showcasing resilience on Friday despite a looming weekly loss of around…</p>
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