1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Bank of Canada struggling with inflation target

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 1, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,071
    Likes Received:
    1
    USD/CAD up 33 pips to 1.4011 USD/CAD rose as high as 1.4062 at the start of North American trading but it's slipped back. There's chatter about a large selling order from a leveraged fund that's pulling the pair down. Normally, you would expect more USD/CAD strength given the oil drop but it might only be a matter of time.

    Continue reading...
     

Share This Page