USD/CAD Weekly Forecast: Dollar Recovers Amid Upbeat PMI Data
The Canadian dollar declined 1.4% for the week as oil plummeted. The annual inflation rate in Canada slowed in March to 4.3%. Data on corporate activity in the US revealed a robust economy. The USD/CAD weekly forecast is bullish as investors price another Fed rate hike in May. –Are you interested in learning more about … Continued The post USD/CAD Weekly Forecast: Dollar Recovers Amid Upbeat PMI Data appeared first on Forex Crunch.
The Canadian dollar declined 1.4% for the week as oil plummeted. The annual inflation rate in Canada slowed in March to 4.3%. Data on corporate activity in the US revealed a robust economy. The USD/CAD weekly forecast is bullish as investors price another Fed rate hike in May. –Are you interested in learning more about … Continued
The post USD/CAD Weekly Forecast: Dollar Recovers Amid Upbeat PMI Data appeared first on Forex Crunch.
