USD/CAD Forecast Nov. 16-20

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The Canadian dollar was almost unchanged last week, as USD/CAD closed the week at 1.3319. The upcoming week has seven events on the schedule, including retail sales and inflation levels. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. There were no major releases out of Canada last week, and the Canadian dollar had a quiet week. In the US, numbers were mixed. PPI and Retail Sales missed estimates, but UoM Consumer Sentiment beat the forecast.

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