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TDUX
May 14 - 11:55 AM

USD/CAD - Wider US-CA Yield Spreads Keep USD/CAD Bid Intact

By The views  —  May 14 - 09:56 AM

• U.S. export/import prices run hot, following CPI & PPI

• Keeping the USD bid intact

• Oil holding triple digits is also adding to dollar recovery

• USD/CAD eyes a move toward the 200DMAs layered at 1.3790/1.3813

• US-CA rate differentials widening in USD's favour

• For now, the topside bias is firmly in play
usdcad daily


Justin McQueen is a Reuters market analyst. (The views expressed are his own). ((Email: ))

Source:
London Stock Exchange Group | Thomson Reuters

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