USD/CAD Analysis mallicast

6 oct.

The Mallicast team has been forecasting a bullish trend for the USD/CAD pair for several weeks, and this upward momentum remains intact. Considering key economic factors such as U.S. and Canadian monetary policies, along with changes in the oil market, which directly impacts the Canadian dollar, we continue to anticipate further upside in this currency pair. Our analysis suggests that the strengthening of the U.S. dollar against the Canadian dollar will persist in the near term, unless there are significant shifts in macroeconomic conditions.