Two Blokes

Canadian Dollar Forecast: USD/CAD Extends Bearish Bias as BoC Decision Approaches

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    Posted by Two Blokes May 26 - Filed in Forex - 3 views
    Over the past five trading sessions, USD/CAD has depreciated by nearly 1.5% in favor of the Canadian dollar, mainly due to growing market expectations surrounding the upcoming Bank of Canada (BoC) rate decision, along with the recent weakness of the U.S. dollar.