USD/CAD Forecast Aug. 10-14 – Greenback Recovers After Solid Nonfarm Payrolls

I am neutral on USD/CAD

The Canadian dollar continues to hold its own against the greenback, but wasn’t able to make any inroads last week. Both the US and Canada posted strong job numbers on Friday, August 7, so there wasn’t much volatility from the pair at the end the week. The lack of activity could continue in the upcoming week.

1 2
View single page >> |

Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.