USD/CAD Weekly Forecast: BOC to Maintain Current Rates
The Canadian economy surprisingly stagnated in the final three months of 2022. The Bank of Canada will keep its main policy rate at its current 4.5%. Last week, fewer Americans applied for unemployment benefits than expected. The USD/CAD weekly forecast is bullish as markets are not expecting a rate increase from the BOC next week. … Continued The post USD/CAD Weekly Forecast: BOC to Maintain Current Rates appeared first on Forex Crunch.
The Canadian economy surprisingly stagnated in the final three months of 2022. The Bank of Canada will keep its main policy rate at its current 4.5%. Last week, fewer Americans applied for unemployment benefits than expected. The USD/CAD weekly forecast is bullish as markets are not expecting a rate increase from the BOC next week. … Continued
The post USD/CAD Weekly Forecast: BOC to Maintain Current Rates appeared first on Forex Crunch.
