USD/CAD bears flirt with 1.3000 on oil’s rebound, softer DXY, focus on Canada inflation – by anilpanchal7 USDCAD RiskAppetite Oil Fed Inflation
recover from daily lows. In doing so, the Loonie pair sellers attack 1.3000 psychological magnet with eyes on Friday’s key data, as well as recession-linked chatters and oil updates, for fresh impulse.
On the other hand, Atlanta Fed President Raphael Bostic said on Friday that June's 75 basis points rate hike was a "big move" and added that the Fed wants policy transition to be orderly, as reported by Reuters. On the other hand, San Francisco President Mary Daly said on Friday that the "Fed is working on getting down inflation without stalling economy." Further, St.
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