USDCAD rises above 1.3700 as gains extend for second consecutive week. Technical bias remains positive, but caution emerges near 50-SMA. USDCAD has traded mostly in positive territory since the beginning of May. After stabilizing around the 1.3500 region for the third time this year, the pair is now attempting to close above its 50-day simple […]
The post USD/CAD Turns Higher for Second Week, Tests 50-SMA appeared first on ActionForex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal There aren’t a lot of brands Read more…
Canadian Highlights Markets swung on hopes of a Middle East truce, but the outlook remains fragile. Canada’s economy has stalled out over the past two quarters, with weak domestic demand and patchy investment pointing to Read more…
Bitcoin is under strong selling pressure, falling over 17% in a week and dropping below USD 60,000. The decline was intensified by USD 532 million in long liquidations on Binance, which triggered additional forced selling. Read more…