Canadian Dollar Forecast: USD/CAD Probes for Low, Loonie Levels
Summary
By sueyangfx.com May 24, 2021 at 06:36PM USD/CAD set a fresh seven-year-low last week, and then stalled. Is the prolonged bearish trend due a pullback?
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
May 24, 2021 at 06:36PM
USD/CAD set a fresh seven-year-low last week, and then stalled. Is the prolonged bearish trend due a pullback?