Derived Data That Drive Results
By Paul Spirgel — Nov 02 - 11:40 AM
$CAD slides 0.45% to 1.3793 in early NorAm, Thursday range 1.3855-1.3770
USD longs unwind as U.S. yields across the curve move lower after Fed hold
US-CA rate spreads narrow, long-term spreads see biggest moves
$CAD supt 1.3769 Thursday low, 1.3732 Oct 25 low, 1.3723 21-DMA
Res 1.38 10-DMA (fmr supt), 1.3855 Thurs high, 1.3899 Wed 2023 high
CAD Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
