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USDCAD determined to rise even higher

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The latest elections in Canada showed that Liberal party won elections which was a surprise. That could be positive for Canada, but i expect that it weights down on CAD national currency. All good things which have happened to Canada might be forgotten ( balanced budgets, low taxes , good foreign policy ) as Liberal's Party leader Trudeau is promising to run deficits and pull out operations in Syria and Iraq which is bad news for U.S conservatives. The dropping oil price on Wednesday also

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