TAG: Canadian Dollar
USD/CAD Price Forecast: USD Bulls Eye Breakout as DXY Shakes Off Post FOMC Haze
The Federal Reserve left interest rates unchanged, but the statement acknowledges a moderating job market and slightly elevated inflation, opening the door for a potential September rate cut. The US Dollar initially weakened after the FOMC meeting but ha...
2 months ago
FX Watch: USD/CAD stabilises, while USD/JPY struggles
September kicked off with a limp in global markets September is off to a rough start for global markets, as growth fears are revived by another poor read from the US Institute for Supply Management (ISM) manufacturing Purchasing Managers' Index (PMI). Tha...
1 month ago