Rising Canadian Yields after good GDP data yesterday, along withthe BOJ's inaction, are facilitating a move higher in CadJPy.
Also, rising US rates means that the Bank of Canada will have to follow (sooner rather than later).
Finally, stocks are near highs meaning we are in a broader risk-on environment.
All these factors complement the low-volatility breakout on CADJPY, and our main target for this trade is 91.00.
Also, rising US rates means that the Bank of Canada will have to follow (sooner rather than later).
Finally, stocks are near highs meaning we are in a broader risk-on environment.
All these factors complement the low-volatility breakout on CADJPY, and our main target for this trade is 91.00.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。