USD/CAD Outlook: Dollar Mounts a Comeback Post Powell

<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" fetchpriority="high" 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>Investors awaited a crucial US employment report later in the week. Data revealed that Canada added more jobs than anticipated last month. Canada’s manufacturing sector contracted in November.  On Monday, there was a bullish shift in the USD/CAD outlook. The dollar staged a comeback, although investors digested cautious remarks from Fed Chair Jerome Powell. Moreover,…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/04/usd-cad-outlook-dollar-mounts-a-comeback-post-powell/">USD/CAD Outlook: Dollar Mounts a Comeback Post Powell</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>