By Paul Spirgel — Oct 18 - 11:45 AM
$CAD +0.3% at 1.3688 into Europe cls; Wednesday range 1.3699-17
Pair testing recent trend highs by 1.37, Oct 17 high 1.3702
CAD shrugs off oil rise as Mideast haven buying theme of the day
Falling CA CPI, diminishing BoC hike outlook adds weight to CAD
CAD res 1.3702 Tues high, 1.3748 Oct 6 high, 1.3778/79 upper 21-d/w Bolli's
Supt 10-DMA at 1.3642, Wed low 1.3617, 21-DMA 1.3596
Source:
Refinitiv IFR Research/Market Commentary