USDCAD The last 4H candle pretty much knocked candle science out of the ball park didn't it? I wonder how many traders lost out after putting a short on? This emphasizes one thing and one thing only the market goes where the market wants to go and no one can predict where. Dollar is simply too strong at the moment after Trump victory. The DXY is going to continue shooting up folks.
USDCAD "Biden will make last ditch bid urging Trump not to abandon Ukraine". Trump has famously pledged to end the war within a day of becoming president and has boasted of his 'very good relationship' with President Putin, apparently warning him not to escalate the conflict when they spoke over the phone on Thursday.
He has also said the invasion would never have happened if he had been in the White House and has criticised Biden's level of support for Ukraine.
Now in a meeting to discuss a smooth transition of power, Biden will argue that 'the United States should not walk away from Ukraine; that walking away from Ukraine means more instability in Europe', CBS has reported.
Since the war started in 2022, the US has been the biggest provider of financial and military assistance to Ukraine.
Biden is also expected to spend the remaining $6 billion in Ukraine security assistance funds before he steps down as President in January.
Britain, France and Germany have already vowed to support Ukraine 'for as long as it takes' and Zelensky is adamantly against relinquishing territory to Putin.
Russia would keep its territorial gains made in Ukraine with the current border frozen in place. Kyiv would also have to assure that it would not join NATO for 20 years.
Under the plans the US would arm Ukraine in return for preventing Russia from restarting the war. However, responsibility for manning and financing the buffer zone would fall solely on Ukraine's European allies.
USDCAD Can anyone tell me when will this pair come down to a normal state? 2025? Cana da seriously need to change its PM, Admin. Every country is doing something..what is Canada doing to pump up its economy and make loonie stronger?