USDCAD Technical Analysis – We are near a key resistance zone ...Middle East

Fundamental OverviewThe lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum. The market might now be looking forward to the first weeks of November when we will get the key economic data, the FOMC decision and the US elections.There’s been also a good argument that the markets are already positioning for a Trump victory and that should translate in USD strength as it should appreciate on higher growth and less rate cuts expectations. Nevertheless, not all markets have been in sync with this view.On the CAD side, the latest Canadian CPI missed expectations and sealed the 50 bps cut at the upcoming meeting with the market seeing now a 99% p

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