– 💵 Canadian dollar weakened against the U.S. dollar due to U.S. inflation data – 📈 U.S. Federal Reserve rate cut may be delayed – 🌎 Bank of Canada may align with Fed rate decisions to avoid divergence – 📉 Canadian economy shows signs of cooling – 📊 USD/CAD pair expected to trade within range bound levels – 💰 Technical analysis suggests potential for USD/CAD pair to rise or fall

by
  • 💵 Canadian dollar weakened against the U.S. dollar due to U.S. inflation data
  • 📈 U.S. Federal Reserve rate cut may be delayed
  • 🌎 Bank of Canada may align with Fed rate decisions to avoid divergence
  • 📉 Canadian economy shows signs of cooling
  • 📊 USD/CAD pair expected to trade within range bound levels
  • 💰 Technical analysis suggests potential for USD/CAD pair to rise or fall

Leave a Comment