Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 28 - 01:55 PM

USD/CAD - Bulls Pause After US GDP Miss, Respect 2022 High By 1.2901

By Paul Spirgel  —  Apr 28 - 11:45 AM
  • USD/CAD +0.1% at 1.2834 into Europe close; Thursday range 1.2880-1.2798

  • Early NorAm gains reduced after US GDP miss nL2N2WP2ZV

  • CAD weakness tempered, relative to yen, GBP by parallel US-CA rate hike path

  • $CAD res at Thurs high 1.2880, Mar 8 high 1.2901, Dec 20 high 1.2963

  • Support Thurs low 1.2798, daily cloud top 1.2698, 55-DMA 1.2661

CAD Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!