By Paul Spirgel — Nov 27 - 11:55 AM
$CAD soft into Europe close, -0.26% at 1.4019; Wednesday range 1.4077-17
U.S. data mostly in-court, durables a tad soft weighs on USD
More likely traders prune longs ahead of U.S. Thanksgiving Day holiday
Trump tariff-related USD bid ebbs as mkts expect measured policy
Mixed commodities, oil lower, copper a tad high overlooked
LSEG's IRPR shows Fed at 3.98% by Dec 2025, BoC 2.77%
Widening US-CA rate view may temper further CAD gains
$CAD supt 1.4011 the 10-DMA, 1.4010 Wed low, 1.3998 50% of 1.3818-1.4178
Res falling 10-HMA 1.4045, Wednesday high 1.4077, 1.4090 upper 21-d Bollli
Source:
London Stock Exchange Group | Thomson Reuters