Sunday, August 25, 2019

USD/CAD holds well higher than one.3300 handle part 1

The North American nationD remains well supported by a goodish pickup within the US bond yields.
Reports that the EU can halt imports of Canadian fruits any weighed on CAD.
Subdued Oil value action will very little to influence earlier than Powell’s speech.
The USD/CAD combine control well higher than the one.3300 handle through the first European session on Fri, albeit remained well below two-month topnotch set earlier on.



A combination of things helped the combine to continue gaining some positive traction for the second consecutive session on Fri and engineered on this week's rebound from the one.3250 support space - tested in reaction to hotter-than-expected Canadian CPI report on Wednesday.

A combination of things stay confirmatory
Against the scenery of not thus peaceful FOMC meeting minutes on Wednesday, the North American nation greenback remained well supported by a goodish pickup within the North American nation Treasuries yields and clothed to be one amongst the key factors behind the pair's in progress positive momentum.

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