Pitfalls and traps on loonie's way. Forecast as of 03.11.2021
Markets expect the overnight rate to rise by 125 bps in 2022, which, amid a strong oil market, makes one wonder why USDCAD is not falling? Let us discuss the Forex outlook and make up a trading plan.
Weekly Canadian dollar fundamental forecast
It is hard to be the first. To be the first of the world's leading central banks to raise rates. To be the first to taper QE. However, if a bank decides to take such a step, your currency can strengthen. The Bank of Canada's unexpected tapering of the QE program has surprised investors and allowed the Loonie to confirm... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1HbV
