Analyzing the Canadian Dollar’s Future amidst Interest Rate Divergence and Key Events
Key Takeaways: 💹 Canadian dollar may not strengthen as much as previously expected due to potential interest rate cuts by Bank of Canada 📉 Loonie predicted to stay around 1.37 per U.S. dollar in the coming months 📈 Expected to advance 2.5% to 1.33 in a year 💰 Money markets anticipate 65 basis points of … Read more