- November 22, 2022
- Market News
- Comments : 0
USDCAD Outlook Builds on Bullish View as Fed Rhetoric Feeds Rate Forecasts
Despite the provocative head-and-shoulders pattern breakdown from USDCAD early in November, the pair picked back up its recovery effort Monday amid Fed rhetoric that has recharged rate forecasts. Could the run of Canadian data ahead throttle or perhaps amplify this upswing?