The Canadian dollar tends to move slowly, providing opportunities for traders to jump on the waggon. We are seeing another example of this today.
At the time of writing, USD/CAD has reached a low of 1.2778, approaching the low point of 1.2760 seen back in August 2016. Another push, and we are at the lowest levels since June of last year.
The background is the accompanying press conference by Governor Stephen Poloz.
from Forex Crunch http://feedproxy.google.com/~r/ForexCrunch/~3/Djoyn3N5OA8/
from Online Forex Trading Resource
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