USD/CAD Outlook: Soaring on Rising Yields, BOC Meeting Looms
The Canadian dollar remained weak ahead of the Bank of Canada policy meeting. Soaring US bond yields boosted the dollar. Canadian retail sales fell by 0.1% in August. The USD/CAD outlook takes on a bullish stance as the dollar gains some ground with a boost from soaring US bond yields. Meanwhile, the Canadian dollar remained... The post USD/CAD Outlook: Soaring on Rising Yields, BOC Meeting Looms appeared first on Forex Crunch.
The Canadian dollar remained weak ahead of the Bank of Canada policy meeting. Soaring US bond yields boosted the dollar. Canadian retail sales fell by 0.1% in August. The USD/CAD outlook takes on a bullish stance as the dollar gains some ground with a boost from soaring US bond yields. Meanwhile, the Canadian dollar remained...
The post USD/CAD Outlook: Soaring on Rising Yields, BOC Meeting Looms appeared first on Forex Crunch.
