CAD: Caution Is Warranted N-Term; Looking To Sell USD/CAD North Of 1.2700 – Credit Suisse

What is the forecast for USD/CAD? Here is their view, courtesy of eFXdata: Credit Suisse adopts a tactical cautious bias on CAD and looks to sell USD/CAD on rallies north of 1.2700. “From a tactical standpoint, we see risks that suggest caution is warranted in picking entry levels for short USDCAD positions, ideally north of […]

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