The US dollar just took a big hit against the Canadian dollar, dropping all the way to 1.42446. This could be due to a weaker USD, stronger oil prices (which help Canada), or some big market moves. Traders are now watching closely to see if this is just a quick drop or the start of a bigger downtrend.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.