There are several factors for a CAD to lose positions against USD in the coming weeks:
- Look at COT report on the chart, which supports the idea of a weaker CAD. Since the end of July Leveraged funds obviously accumulated some more USD positions and remain in the bullish territory despite a downward trend.
- Bottomming USD index
- Bearish Oil mood which still did not have any influence on CAD
- Look at COT report on the chart, which supports the idea of a weaker CAD. Since the end of July Leveraged funds obviously accumulated some more USD positions and remain in the bullish territory despite a downward trend.
- Bottomming USD index
- Bearish Oil mood which still did not have any influence on CAD
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.