USD CAD showing some short term strength
Dollar/Canadian Dollar pair has shown some bullishess. The chart reflects a current possible and probable moves in the next 6 to 24 Hrs
Despite tough talk, NAFTA seems like it will remain intact at least for now. If this can be confirmed, then the Bank of Canada is anticipated to execute a rate hike. In the meantime, the tough talk continues with Trump imposing sanctions, which ultimately hurt the NAFTA nations' bottom line in the short run. These talks do give us the opportunity to take advantage of some volatility in the USDCAD
*none of this is financial advice or intended for anyone's use toward financial gain. This is all opinion only for entertainment purposes only*
Despite tough talk, NAFTA seems like it will remain intact at least for now. If this can be confirmed, then the Bank of Canada is anticipated to execute a rate hike. In the meantime, the tough talk continues with Trump imposing sanctions, which ultimately hurt the NAFTA nations' bottom line in the short run. These talks do give us the opportunity to take advantage of some volatility in the USDCAD
*none of this is financial advice or intended for anyone's use toward financial gain. This is all opinion only for entertainment purposes only*