Is Canadian Dollar Getting Ripe for a Bounce? USD/CAD, EUR/CAD, GBP/CAD Price Action

BY admin admin

The Canadian dollar looks set to resume its rise against some of its peers, thanks to a still-hawkish Bank of Canada (BoC) and a potential base building in oil prices. What is the outlook for USD/CAD, GBP/CAD, and EUR/CAD?

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Today's The Day for Bitcoin

SEC Decision DueTraders are bracing for plenty of volatility across crypto markets today with the SEC due to decide on the current batch of spot-Bitcoin ETF applications. Yesterday, the market was see

Forex

Former 360T Executive Jason Young Joins Amazon Currency Converter

He was Head of Insitutional FX at Fortex before moving to the firm

Forex

WTI Oil Futures Consolidate Near 3-Month Peak

<p>WTI oil futures (September delivery) have been in a steady uptrend since late June, crossing above both the 50- and 200-day simple moving averages (SMAs) as well as the descending trendline t

Copyright © 2024 | WordPress Theme: Xews Lite