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Is Canadian Dollar Getting Ripe for a Bounce? USD/CAD, EUR/CAD, GBP/CAD Price Action

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Old 20-07-2023, 12:00
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Default Is Canadian Dollar Getting Ripe for a Bounce? USD/CAD, EUR/CAD, GBP/CAD Price Action

The Canadian dollar looks set to resume its rise against some of its peers, thanks to a still-hawkish Bank of Canada (BoC) and a potential base building in oil prices. What is the outlook for USD/CAD, GBP/CAD, and EUR/CAD?

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