USDCAD LONG: Back at pre-election levels
Updated
USDCAD is at pre-election lows.
USD has appreciated against most other major currencies - except CAD.
This needs to be corrected.
There is much uncertainty regarding trade agreements between Canada and USA post-Trump.
There is an increasing yield differential between US and Canadian rates.
USDCAD is an attractive buy at these levels.
USD has appreciated against most other major currencies - except CAD.
This needs to be corrected.
There is much uncertainty regarding trade agreements between Canada and USA post-Trump.
There is an increasing yield differential between US and Canadian rates.
USDCAD is an attractive buy at these levels.
Trade active
In progress. Targets 1.35, 1.40Comment
Partially closed 30% profit at 1.35 (spot)Related publications
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