{"id":85779,"date":"2023-06-26T19:05:31","date_gmt":"2023-06-26T15:05:31","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=85779"},"modified":"2023-06-26T19:07:52","modified_gmt":"2023-06-26T15:07:52","slug":"usd-cad-expected-to-head-above-1-3","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-cad-expected-to-head-above-1-3\/06\/26\/market-updates\/","title":{"rendered":"USD\/CAD expected to head above 1.3"},"content":{"rendered":"\n<p>The Canadian dollar is quietly advancing to be the top G10 currency this month. Economists are keen to analyze USD\/CAD outlook.<br><br>Canada\u2019s dollar generally tends to do well when Fed rates peak. The USD\/CAD pair is trading at 1.3155 at the time of writing. <br> <br>While the outlook for Fed Funds is cloaked in plenty of uncertainty, we\u2019re in the final stage of this tightening cycle. With the FOMC still warning of further hikes and wildfires likely to affect Canadian growth data, the fall back to the mid-1.20s won\u2019t be in a straight line, but economists think that\u2019s where the pair is heading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian dollar is quietly advancing to be the top G10 currency this month. Economists are keen to analyze USD\/CAD outlook.Canada\u2019s dollar generally tends to do well when Fed rates peak. The USD\/CAD pair is trading at 1.3155 at the time of writing. While the outlook for Fed Funds is cloaked in plenty of uncertainty, &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6868,8143,7015],"class_list":["post-85779","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fomc","tag-interest-rate-hikes","tag-usd-cad"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=85779"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85779\/revisions"}],"predecessor-version":[{"id":85830,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85779\/revisions\/85830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61436"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=85779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=85779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=85779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}