By Paul Spirgel — Feb 28 - 11:44 AM
• $CAD a tad soft into Europe cls, -0.11% at 1.4418; Friday range 1.4452-1.44
• Pair supported at 1.44 at London fix; Trump tariffs remain key focus
• U.S. core PCE price data shrugged off; upbeat CA Q4 GDP aids CAD rise
• LSEG's IRPR pricing 60% odds for March 12 BoC cut; Fed seen holding til June
• $CAD supt 1.44 Friday low, 1.4391 daily cloud top, 1.4299 the 21-DMA
• Res 1.4452 Fri high, 1.4472 50% Fib of 1.4792-1.4151, 1.4500 Psychological
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CAD Chart:
(Paul Spirgel is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters