The BoC was the first institution to raise the interest rates. It has also been the first to halt the monetary tightening cycle. Is the Bank of Canada right? Canada’s economy is strong. Let’s talk about the market outlook and create a USDCAD trading strategy.
Fundamental forecast for the Canadian dollar monthly
It’s important to stop in your tracks. This was what the Bank of Canada did in March. After eight overnight rate hikes consecutively, the BoC decided that it would keep it at 4.5%. Bloomberg experts predict that the BoC April meeting will see the pause continue. Was this decision… Read full author’s opinion and review in blog of #LiteFinance
Continue reading…
