The USDCAD remains within the upper realms of its long term price range and traders will need to remain diligent while pursuing the forex Pair.
remains within the upper realms of its long term price range and traders will need to remain diligent while pursuing the Forex pair.
Technically the USD/CAD is certainly within the upper realms of its charts, while fundamental considerations remain rather complex and tricky. The Bank of Canada will have their interest rate meeting in the last week of October and a hike is expected to keep pace with the U.S Fed. Like the U.S, Canada will publish its jobs data this coming Friday and the statistics will produce fastGlobal market sentiment will be a big ingredient in the USD/CAD near term.
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