USD/CAD steady after US CPI miss; focus shifts to key Fed comments
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USD/CAD expands profits for commercial optimism, divergence of policies and upcoming US data. - World Stock Market
The USD/CAD quotes about 1,3945, extending Friday’s rally and marking its fourth consecutive profit session. The commercial truce between the US and China raises the global risk of risk, supporting the US dollar. The markets expect the US CPI data on Tuesday, Fed comments and broader macroeconomic updates. The US dollar (USD) is contributing upwards against the Canadian dollar (CAD) at the beginning of the week, supported by a renewed appetite f…
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