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USD/CAD Extends Rebound As US Dollar Surges, Oil Retreats

Discussion in 'Technical Analysis' started by Kaitlin, Mar 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    USD/CAD surged sharply on Wednesday as the US dollar strengthened and crude oil prices pulled back. The greenback received a boost within the past few days from Fed members who have issued relatively hawkish comments that have stood in stark contrast to last week's dovish FOMC meeting. Also serving to[​IMG]

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