USD/CAD Holds Above 1.4000

USD/CAD steadies above June low The USD/CAD pair is holding above the 1.4000 psychological mark, supported by inflation risks and retreating crude oil prices. The US Dollar regains positive traction due to inflation risks from volatile energy prices. The Moving A

USD/CAD steadies above June low

The USD/CAD pair is holding above the 1.4000 psychological mark, supported by inflation risks and retreating crude oil prices.

The US Dollar regains positive traction due to inflation risks from volatile energy prices.

The Moving Average Convergence Divergence (MACD) sits below zero, indicating downside momentum remains dominant.

Leave a Reply

Your email address will not be published. Required fields are marked *