USD/CAD To Be Bullish
USD/CAD is trading to the upside today prior to the US 5-Year TIPS Auction. TIPS provide investors with protection against inflation: the principal of the TIPS increases with inflation and decreases with deflation. We anticipate USD to gain momentum against the CAD into level 1.26011
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.