USD / CAD - Canadian dollar tied to US CPI
- US Inflation data will determine near term USDCAD direction. - Analysts expect frequent and steep rate cuts in 2024. - US dollar opens largely unchanged compared to close. USDCAD: open 1.3372-76, overnight range 1.3355-1.3383, close ...
![USD / CAD - Canadian dollar tied to US CPI](http://www.baystreet.ca/images/articlegroups/original/10/forextrader1.jpg?#)
![](http://www.baystreet.ca/images/articlegroups/original/10/forextrader1.jpg)
- US Inflation data will determine near term USDCAD direction.
- Analysts expect frequent and steep rate cuts in 2024.
- US dollar opens largely unchanged compared to close.
USDCAD: open 1.3372-76, overnight range 1.3355-1.3383, close ...