By Paul Spirgel — Aug 30 - 10:10 AM
$CAD hovered near flat at 1.3488 in early NY, NorAm range 1.3509-1.3466
Conflicting US-CA data sets adds to volatility in pre-holiday market
Canada Q2 GDP hot, U.S. core PCE prices hint at less-dovish BoC/Fed
LSEG's IRPR shows Sept -50bp odds and Fed cuts into YE 2024 moving lower
Next week's U.S. payroll now in focus amid Fed focus on employment mandate
$CAD res 1.3509 Friday post-PCE high, 1.3535 the falling 10-DMA
Supt 1.3466 Friday low, 1.3441 Aug 27 low, 1.3400 lwr 21-d Bolli/big-figure
Source:
Refinitiv IFR Research/Market Commentary