Buy USDCAD Breakout
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USD/CAD hovers around 1.3200 ahead of US Jobless Claims: The USD/CAD pair is currently trading around 1.3200, with little movement in either direction.
Investors are awaiting the release of the US jobless claims data later today, which could provide some direction for the pair. If the data comes in weaker than expected, it could boost the CAD as investors seek out riskier assets. However, if the data is strong, it could support the USD as investors flock to safe-haven assets.
Thank you
Investors are awaiting the release of the US jobless claims data later today, which could provide some direction for the pair. If the data comes in weaker than expected, it could boost the CAD as investors seek out riskier assets. However, if the data is strong, it could support the USD as investors flock to safe-haven assets.
Thank you
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