The USD has been weaker recently after
poor economic data.
In contrast, Canadian data has been good and
now with the Canadian elections behind us,
we can expect more strength in the Loonie.
Today's retail sales could surprize to the upside
on the back of stronger employment conditions
and stronger wages recently.
Look to sell USDCAD between 1.3100 and 1.3120.
poor economic data.
In contrast, Canadian data has been good and
now with the Canadian elections behind us,
we can expect more strength in the Loonie.
Today's retail sales could surprize to the upside
on the back of stronger employment conditions
and stronger wages recently.
Look to sell USDCAD between 1.3100 and 1.3120.