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USD/CAD Price Analysis: Hotter Inflation Dims BoC Cut Bets
The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada. Markets are pricing a 63% chance of a BoC pause in March. The US dollar strengthened amid safe-haven buying. The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada, leading to a decline in the Bank of Canada rate cut expectations. As a result, the...
USD/CAD Price Analysis: Traders Brace for Canada Inflation
The USD/CAD price analysis shows anticipation before Canada’s CPI. Economists expect Canada’s monthly inflation to rise by 0.1% after a 0.4% drop. Data on Friday revealed a sharp decline in US sales. The USD/CAD price analysis shows anticipation building ahead of crucial inflation figures from Canada. Meanwhile, the dollar recovered slightly on Monday as market...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
