USD/CAD: The pair continues to retain positive bias as CAD suffers from declining crude oil prices in the international market. But, USD failed to breach 1.37 handle and remains trapped in 1.36 handle regardless of USD’s support from safe-haven demand in the market. Traders now await US/Canadian macro data and Fed Chair speech for short term profit opportunities.
Please feel free to share your thoughts with us in the comments below.
Was this post helpful?
Let us know if you liked the post. That’s the only way we can improve.