USD/CAD Outlook: Heading to Monthly Loss on End to Fed Hikes

July 31, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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The US dollar is on track for a monthly loss. Preliminary data indicated a contraction in Canada’s economy in June. US inflation rose at the slowest pace in more than two years in June. Today’s USD/CAD outlook is slightly bearish. The US dollar was on track for a monthly loss. The prospect of the Fed’s …

The post USD/CAD Outlook: Heading to Monthly Loss on End to Fed Hikes appeared first on Forex Crunch.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

USD/CAD Outlook: Heading to Monthly Loss on End to Fed Hikes

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