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May 27 - 01:55 PM

USD/CAD - Relatively Calm Amid Falling Global Yields, Less-Dour Trade Outlook

By Paul Spirgel  —  May 27 - 12:03 PM

• $CAD fairly steady into Europe cls, +0.22% at 1.3769; Europe range 1.3774-33

• Yields the story after Japan MoF mulls over bond twist to push yields lower

• Trump less austere on EU tariffs also aids USD rise; CAD dips lags other majors

• Commodities broadly lower, oil -1.7%, copper -1.8%, gold -1.5%; BTC flat

• $CAD res 1.3774 Tuesday high, 1.3800 big-figure res, 1.3874 falling 10-DMA

• Supt 1.3725 daily low, 1.3713 lower 21-d Bolli, 1.3685 2025 low May 26

CAD Chart:


(Paul Spirgel is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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