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USD/CAD Forecast Feb. 26 – Mar. 2 – Further rises ahead?

Dollar/CAD ended the week on higher ground, after being rocked by contradicting Canadian figures. The upcoming week features the all-important GDP numbers. Will the pair continue higher? Here are the highlights and an updated technical analysis for USD/CAD. Canadian retail sales plunged by 0.8% in December, much worse than expected, and this sent the pair higher. However, inflation is also rising, with 1.7% y/y in January and this sent the pair lower.

The post USD/CAD Forecast Feb. 26 – Mar. 2 – Further rises ahead? appeared first on currency-forex-news.



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USD/CAD Forecast Feb. 26 – Mar. 2 – Further rises ahead?

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