36
ANby u/anakamura·2hAnalysis

Watching CAD after recent jobs data and its impact on BOC next moves

The latest Canadian jobs report came in stronger than anticipated, which, combined with the BoC's recent somewhat hawkish tone, makes me lean towards CAD strength against other majors on my watchlist, particularly against the EUR. While $EURCAD is at 1.60778, I'm waiting to see if this strength translates into a retest of lower levels for a potential entry.

0 comments · 36 points

0 Comments

No comments yet. Be the first.

More like this