USD/CAD Weakens Near 1.36712 with Trend in Focus

Research preview

USDCAD News And Catalyst Brief The headline set is not neutral around commodity demand and dollar direction. USDCAD has a balanced headline read, with commodity pressure setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. That makes the technical map more important, not less important, because price still has to confirm the macro story. Oil steadied as renewed israel-hezbollah fighting in lebanon and continued hormuz tanker attacks raised doubts over a quick u.s.-iran resolution, with brent near $89 a barrel and wti around $83 after crude gained more than 40% this year. Taiwan dollar rises to 31.874 per u.s. dollar, strongest since...