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Jan 17 - 09:55 PM

USD/CAD - Gains Ground In Asia; Keystone XL Pipeline In Doubt

By Krishna K  —  Jan 17 - 08:30 PM
  • USD/CAD rises 0.25% as recovery continues in Asia on deteriorating risk mood

  • Reflation trade succumbs to p/taking; Wall Street, commodities correct lower

  • E-Mini down 0.3%; investors eye Biden inauguration Wednesday

  • Biden to cancel Keystone XL pipeline permit on first day in office -CBC

  • Likely to weigh on CAD sentiment further nL1N2JS0P9nL1N2I4172

  • Resistance 1.2790, 1.2830-35, support 1.2735-40, 1.2700-10

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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