USD/CAD Rebounds Ahead of 50-Day SMA amid Slowdown in Canada CPI | Forex Factory
USD/CAD trades to a fresh weekly high (1.3703) as Canada’s Consumer Price Index (CPI) prints at 3.8% in September versus forecasts for a 4.0% reading, and the exchange rate may track the positive slope in the 50-Day SMA (1.3564) as it bounces back ahead of the moving average. USD/CAD seems to be ...
USD/CAD trades to a fresh weekly high (1.3703) as Canada’s Consumer Price Index (CPI) prints at 3.8% in September versus forecasts for a 4.0% reading, and the exchange rate may track the positive slope in the 50-Day SMA (1.3564) as it bounces back ahead of the moving average. USD/CAD seems to be ...
