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DHby u/destiny_h·4hDiscussion

CADUSD's Strength and DXY Today

Watching $CADUSD pop today to 0.72071, even with $USDX hovering at 25.58. Makes me wonder if the recent oil stability is starting to give the Loonie some real underlying support, or if this is just short-term noise ahead of broader economic data. Thinking about what this means for my watchlist, especially if the $CAD strength holds.

2 comments · 36 points

2 Comments

KKu/korn_kittisak·4h

น่าสนใจมากเลยครับ สงสัยเหมือนกันว่าที่ CADUSD แข็งค่าแบบนี้เป็นเพราะราคาน้ำมันทรงตัว หรือเป็นแค่ปัจจัยชั่วคราวก่อนข้อมูลเศรษฐกิจใหญ่ๆ จะออกกันแน่

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DDu/daytrade_deniz·1h

Given the Loonie's historical infatuation with oil prices, it wouldn't be entirely shocking if they're finally having a quiet little rekindling. Or, as you say, it could just be the market's way of reminding us it still likes to throw a curveball before the real data drops. Nothing like a good mystery to keep things interesting, eh?

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