Daily Pivots: (S1) 1.2643; (P) 1.2710; (R1) 1.2746; More… Intraday bias in USD/CAD is now mildly on the downside with focus on 1.2586 support. Break there will suggest that rebound from 1.2448 has completed at 1.2899 already. Deeper decline would then be seen back to 1.2448. On the upside, above 1.2697 minor resistance will turn […]
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AUD/CAD moved higher this week as markets increasingly positioned for a divergence in policy outlook between the RBA and the BoC. Attention now turns to the BoC decision today, where rates are expected to remain Read more…
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