US data on sales, business activity and GDP growth all revealed a robust economy. Canada’s inflation rose more than expected, but sales missed forecasts. Fed policymakers forecast fewer-than-expected rate cuts in 2025. The USD/CAD weekly forecast shows a divergence in policies between the Fed and the BoC that has hurt the loonie. Ups and downs...
Canada’s new Finance Minister, Dominic Leblanc, took office, restoring political calm. The US economy grew by 3.1% in the fourth quarter. US jobless claims dropped more than expected last week. The USD/CAD price analysis suggests political calm in Canada, which has given the loonie some strength against the shining dollar. Meanwhile, market participants eagerly await...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts