Canadian Dollar Outlook: USD/CAD Rebound May Continue Ahead of BoC
Summary
By sueyangfx.com January 18, 2021 at 07:36AM The Canadian Dollar could come under pressure ahead of the Bank of Canada’s upcoming monetary policy meeting as tightening restrictions fail to suppress the outbreak of local coronavirus infections.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
January 18, 2021 at 07:36AM
The Canadian Dollar could come under pressure ahead of the Bank of Canada’s upcoming monetary policy meeting as tightening restrictions fail to suppress the outbreak of local coronavirus infections.