USD/CAD Forecast May 1-5

USD/CAD posted a second straight week of sharp gains, climbing 170 points. The pair closed the week at 1.3659, its highest weekly since February 2016. This week’s key event is Employment Change. Here is an outlook on the major market- movers and an updated technical analysis for USD/CAD. The Canadian dollar continued to slide last week. Weak data hurt the […]

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