In the evening, we have the monthly CAD CPI data to be released.
There is a forecast for data to be released at 0.4%, from the previous of -0.4%.
The USDCAD has been climbing up, currently trying to break above 1.2720.
If CPI data is released to be 0.4% or better, we could see a strengthening of the USDCAD (but this would be a counter trend trade)
I’ll be looking if CPI data disappoints, resulting in a weaker CAD, giving the USDCAD a boost above 1.2700 towards 1.2900.
There is a forecast for data to be released at 0.4%, from the previous of -0.4%.
The USDCAD has been climbing up, currently trying to break above 1.2720.
If CPI data is released to be 0.4% or better, we could see a strengthening of the USDCAD (but this would be a counter trend trade)
I’ll be looking if CPI data disappoints, resulting in a weaker CAD, giving the USDCAD a boost above 1.2700 towards 1.2900.
Pesanan dibatalkan
data released at 0.7% stronger CAD expected, counter trend trade
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Join my mailing list jindaotai.com/joinme
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.