USDCAD looks to be trapped in a wedge formation between 1.2450 and 1.2550 levels.
The Canadian inflation report will be released at the opening of today NY session and is likely going to gather most of traders attention. The data is important for the Bank Of Canada to evaluate before deciding on the next move on rates.
The Canadian inflation report will be released at the opening of today NY session and is likely going to gather most of traders attention. The data is important for the Bank Of Canada to evaluate before deciding on the next move on rates.