USDCAD at 1.41 — is this the new normal or just a pause?
asked by u/value_vik · 3d · 1 answers
Watching $USDCAD hover around 1.41002 today, after seeing it touch 1.4093, I'm honestly wondering if we're seeing some genuine consolidation at these levels, or if this is just a moment of quiet before a more significant move. With so much focus on interest rate differentials and oil price swings influencing this pair, it feels like everyone's a bit divided on whether we're establishing a new baseline or if we're just loading up for a retest of higher/lower levels soon. Personally, I'm leaning towards the latter, feeling like the underlying fundamentals haven't shifted enough for this to be a true equilibrium. Convince me I'm wrong, or share what you're seeing that I might be missing.