USD/CAD set to return to 1.38/1.40 into next week – SocGen USDCAD Banks
gathered bullish momentum and broke above 1.3700 on Tuesday. The pair is expected to trade again in the 1.38/40 arera into next week, economists at Société Générale report.“USD/CAD accelerated through 1.37 after Powell and a return to 1.38/1.40 into next week is now likely unless we get underwhelming US employment and inflation data.”
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