USD/CAD dives below the confluence of the 20-DMA and 1.3400 after soft US CPI – by christianborjon USDCAD Majors Currencies
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CAD hovers around the 20-day EMA around 1.3420sThe USD/CAD registers minuscule losses in the mid-North American session after hitting a daily low of 1.3357. Market sentiment remains fragile, fluctu
Read more »
USD/CAD Price Analysis: 100-day EMA probes bounces off six-week lowUSD/CAD fades bounce off multi-day low, marked the previous day, as the 100-day Exponential Moving Average (EMA) challenges buyers during early Wednes
Read more »
USD/CAD stays mildly bid above 1.3400 as Oil price drops amid recession woesUSD/CAD picks up bids to refresh intraday high near 1.3440 while stretching the previous day’s rebound from a 1.5-month low during early Wednesday. In
Read more »
USD/CAD retreats towards 1.3400 amid mixed signals from options marketUSD/CAD takes offers to pare intraday gains around 1.3420 during early Wednesday morning in Europe. In doing so, the Loonie pair fails to trace option
Read more »
USD/CAD remains depressed amid uptick in oil prices, holds above 1.3400 markThe USD/CAD pair attracts some sellers in the vicinity of mid-1.3400s on Wednesday and erodes a part of the previous day's recovery gains. Spot prices
Read more »
USD/CAD should continue to push lower, scope for gains is limited – ScotiabankUSD/CAD consolidates but still trades shy of fair value, according to economists at Scotiabank. A drop to the upper 1.32s should play out “The CAD has
Read more »