Canadian Dollar Price Forecast: USD/CAD May Gain on Wait-and-See BoC 2021-04-21 07:00:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, Bank of Canada, Coronavirus Restrictions, Monetary Policy – Talking Points: Equity markets slid lower during APAC trade, following on from Wall Street’s losses overnight. A wait-and-see approach from the BoC could open the door for USD to gain ground against CAD. Asia-Pacific Recap Equity markets followed Wall Street indices lower during Asia-Pacific trade, as rising coronavirus cases gnawed at risk appetite. Australia’s ASX slipped 0.29%, while Japan’s Nikkei 225 and Hong Kong’s Hang Seng Index tumbled 2.05% and 1.75% respectively. China’s CSI 300 index bucked the trend, climbing 0.32%.