Seven straight days of USD/CAD gains speaks to a strong rejection of what looked like it could be a breakdown in August and September. The chart is a big of a nightmare for technical analysis as it had a break, then a lower low then a snap-back rally into the middle of the old range. It also had a failed break to the upside in July.Those are maddening moves for momentum chasers and speak to uncertainty around the strength of the global, US and Canadian economies.From where I stand, Canada is feeling the weight of higher interest rates but that's somewhat obscured by higher spending among the non-mortgage class. Jobs aren't nearly as plentiful but layoffs are minimal. I think there is clear e
Hence then, the article about usd cad gains for the seventh consecutive day was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( USD/CAD gains for the seventh consecutive day )