Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 21 - 11:55 AM

USD/CAD - Slips Further Away From Recent 2022 High After Canada Ret Sales Beat

By Paul Spirgel  —  Jun 21 - 10:15 AM
  • USD/CAD soft into Europe cls -0.42% at 1.2925; Tuesday range 1.2983-1.2907

  • CA ret sales beat nSCLLHEI2P, oil, copper rally lifts commod-centric CAD

  • BoC, Fed on similar hike paths to Dec meetings favors CAD strength

  • Golden crosses hint at further USD strength, 10DMA abv 200/100/21-DMAs

  • $CAD supt at rising 10-DMA 1.2866, daily cloud top 1.2832

  • Res 1.2982 Tues high, Monday high 1.3044, 2022 high 1.3079 caps

  • U.S., Canada inflation key; June 30 U.S. Core PCE data in focus

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
!