Loonie to weaken soon? Forecast as of 03.04.2024

In contrast to the US, where the economy is slowing and inflation is accelerating, Canada is following its own path. This fact raises speculation on the timing and expansion of the BoC's monetary policy, which directly affects USDCAD. Let's discuss this topic and make up a trading plan.Monthly Canadian dollar fundamental forecastThe Canadian dollar is trading mixed in 2024. However, the loonie is among the top three best-performing G10 currencies. USDCAD bears can withstand the headwin