– Falling crude prices and weak Chinese data weigh on the Loonie.
– Analysts are downgrading early rate cut forecasts.
– US dollar adds to gains. GDP outperforms.
USDCAD: open 1.3516-19, overnight range 1.3480-1.3531, close 1.3490, …
Date:
– Analysts are downgrading early rate cut forecasts.
– US dollar adds to gains. GDP outperforms.
USDCAD: open 1.3516-19, overnight range 1.3480-1.3531, close 1.3490, …