Sunday , 24 November 2024
Home Forex USD/CAD: CAD remains weak and oversold – Scotiabank
Forex

USD/CAD: CAD remains weak and oversold – Scotiabank

The Canadian Dollar (CAD) has had a minor reprieve this morning as it holds little changed on the session but some 20 ticks above yesterday’s low against the USD in the mid-1.38s, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Trade ideas thread – Monday, 25 November, insightful charts, technical analysis, ideas

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas,...

Monday morning open levels – indicative forex prices – 25 November 2024

As is usual for a Monday morning, market liquidity is very thin...

Newsquawk Week Ahead: US PCE, FOMC Minutes, RBNZ rate decision, EZ HICP, and Aussie CPI

Mon: German Ifo (Nov), US National Activity Index (Oct)Tue: FOMC Minutes (Nov);...

Weekly Market Outlook (25-29 November)

UPCOMING EVENTS:Monday: PBoC MLF, German IFO.Tuesday: US Consumer Confidence, FOMC Minutes.Wednesday: Australia...