1. Hello Guest Click here to check FX Binary Point Financial Directory

USDCAD whipping around

Discussion in 'Technical Analysis' started by ForexLive, May 25, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    BOC not as dovis h. Oil prices discounted drawdown of inventories The USDCAD has been whipping around as the BOC statement was less dovish than expected. A bigger drawdown of crude oil inventories seemed to be priced in. The price of crude oil has fallen from a high of $49.57 to a lows of $48.63. The price has since rebounded back to $48.91.

    Read full forex technical analysis here

Share This Page