USD/CAD Price Analysis: Remains Subdued Near 1.3700 As US Dollar Slips
April 23, 2024 at 05:58 AM EDT
USD/CAD struggles to hold the 1.3700 support as the US Dollar edges down. US bond yields consolidate as investors focus on US core PCE Price Index data. BoC’s rate cut prospects remain strong as Canada’s inflation softens significantly in March.