• USD/CAD: Weak stocks suggest limited potential for the Loonie to recover – Scotiabank

Notícias do Mercado

19 janeiro 2023

USD/CAD: Weak stocks suggest limited potential for the Loonie to recover – Scotiabank

The Canadian Dollar cannot avoid pull from stock market trends, accrodign to strategists at Scotiabank.

Firm resistance at 1.3520, losses limited to 1.3490

“Weak stocks suggest limited potential for the CAD to recover at the moment.” 

“The USD rise has run into firm resistance at 1.3520, with losses limited to 1.3490; a move either side of this range will determine short-term gains or losses (of 30-40 pips) but might also point towards either a return to the 1.36 area or a drop back to the low 1.34s.”

 

O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos: