SYFX

Canadian dollar nears the February highs

Published On: March 11, 2021

Summary

By sueyangfx.com March 11, 2021 at 08:37PM USD/CAD down nearly a cent today Gains in oil, a strong risk backdrop and a softening US dollar put the loonie at the top of the G10 FX field today. The move broke […]

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By sueyangfx.com

March 11, 2021 at 08:37PM

USD/CAD down nearly a cent today
Gains in oil, a strong risk backdrop and a softening US dollar put the loonie at the top of the G10 FX field today.
The move broke the recent range around 1.2650 and that’s led to an extension to the downside in USD/CAD. The main hurdles now are 1.2500 and

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