USD/CAD forecast Dec 9th - 13th Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Dec 9, 2019 2:49 PM

The recovery of Oil prices seem to be nearly impossible. The bad data on the employment change in Cad could potentially force the BoC (Bank of Canada) to cut their interest rates. CAD could potentially be more weak for those reasons (long term).