Filed Under:
Forex pairs in this Article » CAD/JPY, EUR/CAD, USD/CAD (Barcelona) - The light economic data calendar will let markets dwell on the European situation and focus on the US Q2 GDP on Friday. TD Securities analysts expect more range trading for the USDCAD and weakening EURCAD and CADJPY. "On the charts, USDCAD support at 1.0050 held up last week, leaving funds essentially range bound", wrote the economists, as they look for support on dips to the 1.0120/30 area and for offers to slow USD gains around 1.0225/30 (40-day MA).
comments powered by Disqus