USD/CAD Returns Under 1.36712 on Fresh Signal

Research preview

USDCAD News And Catalyst Brief The linked stories point to a market that is reacting mainly to around inflation, central-bank policy, commodity demand, and dollar direction. USDCAD has a balanced headline read, with inflation data, central-bank expectations, and growth releases setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. This improves the context, but follow-through still depends on price holding the relevant support or resistance area. Rbi's heavy fx footprint revives memories of a tightly managed rupee. despite volatile crude oil prices due to war in the middle east and persistent dollar demand from hedging flows, the rupee has demonstrated remarkably muted...