Today’s Canadian CPI may cause a temporary CAD spike, but watch for that strength to fade as the BoC eyes rate cuts.
Look to short CAD rallies, especially in CAD/JPY.
#forex #forextrading #CAD #fundamentalanalysis
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Today’s Canadian CPI may cause a temporary CAD spike, but watch for that strength to fade as the BoC eyes rate cuts.
Look to short CAD rallies, especially in CAD/JPY.
#forex #forextrading #CAD #fundamentalanalysis
It shaked up us dollars for sure, it cause a buy of over 500pips on dollars