USD/CAD Breaks as Momentum Past 1.37995

Research preview

USDCAD News And Catalyst Brief The news tape is giving a clearer macro cue around dollar direction, commodity demand, and risk sentiment. USDCAD has a balanced headline read, with central-bank expectations and 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. MALAYSIA’S RINGGIT STRENGTHENS TO 4.04 PER U.S. DOLLAR, HIGHEST SINCE MID-JUNE … YUAN MIDPOINT SET BY PBOC AT STRONGEST LEVEL SINCE FEB. 8, 2023 … PBOC SETS YUAN MIDPOINT AT STRONGEST LEVEL SINCE FEB. 8, 2023 … CHINA’S PBOC SETS...