not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. S2, s1, r1, r2,.2831.2970.3067.3160.3292.3436, uSD/CAD has posted small gains in the Asian and European sessions.3067 is providing support.3160 was tested earlier in resistance. The Canadian dollar has posted slight losses in the Wednesday session. Spot Gold and Silver contracts are not subject to regulation under the.S.
The, canadian dollar has posted slight losses in the Wednesday session.
Currently, USD/CAD is trading.3154,.31 on the day.
On the release front, In the.S, the focus is on inflation.
BoC may boost USD/CAD as winning streak increases, AUD NZD may fall Trade all the major global economic data live and interactive at the DailyFX Webinars.
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With the net short position remains elevated at 50K, CAD remains vulnerable to short squeeze and position adjustment. Recent economic data also shows Canadas economy grew for sixth consecutive month in April. It is not investment advice or a solution to buy or sell securities. These rates were last updated in January 2018, and will not be updated in future. Increasing leverage increases risk. The strength in loonie is not only based on rate hike expectation alone. Prices of oil, one forex ore di funzionamento of Canadas major exports, also started to recover. The Bank of Canada will set the benchmark rate and release a rate statement.
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