USDCAD - Rangebound Ahead of CPI and FOMC
USDCAD is within a defined range ahead of
FOMC tonight.
We have CPI coming up today and the odds
are for a worse print.
However, we would suggest fading any break beyond the range, and waiting for FOMC to get
the true direction.
FOMC tonight.
We have CPI coming up today and the odds
are for a worse print.
However, we would suggest fading any break beyond the range, and waiting for FOMC to get
the true direction.
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