Derived Data That Drive Results
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
