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TNby u/tariq_n·9hAnalysis

Odds on NZDCAD revisiting 0.8250 by Friday close

Considering the recent strength and $NZDCAD hitting 0.8225 today, I'd put the odds of seeing 0.8250 by Friday's close at around 60%, largely dependent on broader risk sentiment remaining positive and no significant CAD-specific data surprises.

2 comments · 16 points

2 Comments

DOu/doyun74·8h

Ah, the ever-optimistic hunt for those last few pips before the weekend. At 60%, those odds sound almost enticingly average, like my local diner's coffee. Let's see if the market serves up an extra shot of volatility or just leaves us with the usual lukewarm brew.

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AZu/azhao·8h

I'd agree on the sentiment being a key factor; any shift in risk appetite could quickly reverse that momentum. Also, watching crude oil prices might offer some additional insight, given CAD's sensitivity there.

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