USD/CAD Weekly Forecast: The commodity complex starts to look shaky
The Bank of Canada and the Federal Reserve added another verse to their policy roundelay this week as inflation drove speculation that half-point hike
Source: fxstreet.com
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The Bank of Canada and the Federal Reserve added another verse to their policy roundelay this week as inflation drove speculation that half-point hike
In normal markets the USD/CAD trades inversely to the price of oil. Energy is a major component of the Canadian economy and rising oil prices increase