The USD/CAD weekly forecast exhibits a bullish trend, with the U.S. dollar maintaining a slight advantage over the Canadian dollar. The price level is testing the resistance level at 1.3969. In the event of a breach, it could rise to 1.400. Higher U.S. Treasury yield, elevated inflation, and oil prices balance each other, keeping the...

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The USD/CAD weekly forecast is neutral as markets prepare for rate cuts in Canada and the US. The Bank of Canada is under pressure to lower borrowing costs due to the weak labor market. Data revealed slightly hotter-than-expected US consumer inflation. The USD/CAD weekly forecast is neutral as markets prepare for rate cuts from the...

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The USD/CAD weekly forecast indicates a more dovish stance among Fed officials. Fed’s Christopher Waller said he expects a cut in September. Canada’s economy contracted by 0.1%. The USD/CAD weekly forecast suggests a more dovish stance among Fed officials, which is weighing on the dollar. Ups and downs of USD/CAD The USD/CAD pair had a...

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The USD/CAD weekly forecast shows a fragile Canadian dollar. US consumer inflation came in slightly softer than expected. The Canadian dollar has remained fragile since Trump imposed higher tariffs on Canada. The USD/CAD weekly forecast shows a fragile Canadian dollar as tariffs reshape the outlook for the economy. Ups and downs of USD/CAD The USD/CAD...

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The USD/CAD weekly forecast indicates likely pauses from the Fed and BoC. The dollar collapsed against most of its peers amid optimism about trade deals. Data revealed that US unemployment claims fell for the second week. The USD/CAD weekly forecast indicates that traders are gearing up for a pause by the Fed and the Bank...

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The USD/CAD weekly forecast shows renewed tariff concerns. Trump announced a 35% tariff on Canadian goods. Canada released a robust employment report. The USD/CAD weekly forecast shows renewed tariff concerns after Trump announced a 35% tariff on Canadian imports. Ups and downs of USD/CAD The USD/CAD pair had a bullish week as the Canadian dollar...

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The USD/CAD weekly forecast shows optimism about US-Canada trade talks. Demand for the dollar fell after the US Senate passed Trump’s controversial bill. The pair recovered slightly at the end of the week after upbeat US employment numbers. The USD/CAD weekly forecast shows optimism regarding progress in trade negotiations between Canada and the US.  Ups...

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The USD/CAD weekly forecast suggests an increasing likelihood of a BoC pause in June. Traders are pricing a 27% chance of a BoC rate cut at the June meeting. Market participants are worried about the debt situation in the US. The USD/CAD weekly forecast suggests an increasing likelihood of another Bank of Canada pause in...

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The USD/CAD weekly forecast shows increased demand for the dollar. US inflation revealed weaker price pressures, increasing chances of a Fed rate cut in September. The Canadian dollar fell as oil prices dropped.  The USD/CAD weekly forecast shows increased demand for the dollar amid easing global trade tensions. Ups and downs of USD/CAD The USD/CAD...

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The USD/CAD weekly forecast shows a slowdown in the US economy. The US economy added 177,000 jobs in April, above estimates of 138,000. Canada’s economy unexpectedly contracted by 0.2%. The USD/CAD weekly forecast shows a slowdown in the US economy that could pressure the Fed to cut rates in June. Ups and downs of USD/CAD...

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