The USD/CAD will look to test new highs this week, as traders bid up the greenback in anticipation of further stimulus cuts from the Federal Reserve. The pair soared last week to 1.1156, a four-year high. The bearish Canadian dollar will be at the mercy of the greenback this week, as Ottawa has very little […]
The USD/CAD will look to test new highs this week, as traders bid up the greenback in anticipation of further stimulus cuts from the Federal Reserve. The pair soared last week to 1.1156, a four-year high. The bearish Canadian dollar will be at the mercy of the greenback this week, as Ottawa has very little […]
The post USD/CAD outlook: Is 1.11 the new baseline? appeared first on eToro Blog.
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