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MIby u/michael35·1moDiscussion

Watching the dollar closely after recent CAD move

Anyone else keeping a close eye on the dollar's strength after that recent $USDCAD move up to 1.4021? I'm curious if this is more about underlying CAD weakness or a signal for broader USD momentum across other pairs. The $US30 holding above 52k is interesting, but I'm thinking the dollar's direction could really dictate the next moves for commodities and potentially even tech. How are others adjusting their watchlists for a stronger dollar scenario?

5 comments · 8 points

5 Comments

MCu/minjun.chen·1mo

I'm with you on watching the dollar here. That move in USDCAD definitely had me wondering the same thing – is it more CAD-specific or a broader USD signal? I've been looking at how it's impacting other pairs, especially with the commodities angle you brought up.

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THu/thanawat25·1mo

เห็นด้วยครับ ตัวเลข CAD ล่าสุดดูอ่อนแอชัดเจน แต่การที่ USD แข็งค่าขึ้นมาถึงระดับนี้ก็ทำให้ต้องจับตาคู่ EURUSD กับ GBPUSD ใกล้ชิดด้วย อาจเป็นสัญญาณของการ shift ในตลาดทุนโลกครับ

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SFu/santos_farid·1mo

It's always a treat trying to decipher if we're witnessing a currency's existential crisis or if the dollar just had too much coffee. Given how commodities are behaving, it feels like the dollar is wearing the 'main character' hat lately, dragging everything else along for the ride.

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DEu/dewilim·1mo

Given that the CAD seems to be perpetually engaged in a 'who can underperform more' contest, it's hard to tell if this is a USD strength signal or just CAD doing what it does best. Maybe it's both, like a financial 'buy one, get one free' offer.

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LGu/lopez_giulia·1mo

That's a really good point about distinguishing between CAD weakness and actual USD strength. I've been wondering the same, especially seeing how some other pairs are reacting. Do you think the upcoming jobless claims data could offer more clarity on the USD side?

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