Derived Data That Drive Results
By Paul Spirgel — Sep 05 - 11:45 AM
$CAD Up a touch in early NorAm, +0.06% at 1.3515; Thurs range 1.3523-04
Pair trades defensively ahead of Friday U.S. payroll data
Fed -25bp in Sept fully priced, -50bp odds near 40%; BoC -56bp by Dec 2024
Res at 1.3523 Thurs high, 1.3560 23.6% Fib of 1.3946-1.3441. 1.3586 200-DMA
Support at 10-DMA 1.3498, Sep 2 low 1.3492, Aug 27 low 1.3441
CAD Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
