forex_managed_account_1

USD/CAD Canadian Manufacturing Activity Declines for Third Consecutive Month

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    The Canadian dollar started the week on the back foot. It currently trades near 1.31 after disappointing manufacturing data. Last week the USD/CAD depreciated 0.231 percent after the eyes of the market came away disappointed by another uneventful Federal Open Market Committee (FOMC) that failed to deliver the much-awaited interest rate hike. A new line in the statement injected hope about the monetary decision to tighten arriving in December. Canadian PMI Lower for Third Consecutive Month The

    Continue reading...
     

Share This Page

free forex signals