Loonie won't rush. Forecast as of 06.03.2024
Most of the world's leading central banks are set to cut rates in 2024. However, who makes the first move will be important for Forex. Let's discuss this topic and make up a trading plan for USDCAD. Weekly Canadian dollar fundamental forecast Time is running. The Bank of Canada will soon begin cutting the overnight rate from its current 22-year high of 5%. However, this is unlikely to happen at the March 6 meeting. Despite inflation returning to the target range of 1-3%, it is still not anchored, and the economy looks better than in Japan and the UK. So why should Tiff... Read full author’s opinion and review in blog of #LiteFinance
Most of the world's leading central banks are set to cut rates in 2024. However, who makes the first move will be important for Forex. Let's discuss this topic and make up a trading plan for USDCAD.
Weekly Canadian dollar fundamental forecast
Time is running. The Bank of Canada will soon begin cutting the overnight rate from its current 22-year high of 5%. However, this is unlikely to happen at the March 6 meeting. Despite inflation returning to the target range of 1-3%, it is still not anchored, and the economy looks better than in Japan and the UK. So why should Tiff... Read full author’s opinion and review in blog of #LiteFinance
