USD/CAD Forecast: Bulls Buoyant Above 1.2500 Amid US CPI, Targeting 1.26
July 14, 2021 at 08:27 AM EDT
The USD/CAD forecast remains bullish as the pair saw a quick rise of more than 50 pips after the upbeat US CPI data. The US consumer price index figures came better than expected at 5.4%, boosting the inflation fear.