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CAD recovery by resistance at 1.4250/60 – ScotiaBank

The Canadian dollar (CAD) exceeds only young people per day and is behind most of its peers in G10 in their recovery against the large dollar per week, but the batch of less than 1.42 is impressive in my view, Sean, SCOTIABANK strategy in Scotiabank, Osborn notes.

CAD improves a day

“It is clear that there is a large relief trade that supports CAD here, as it covers CAD shorts amid the temporary recovery from the tariff. Canada Bank will not feel the urgent need to relieve policy again at the March meeting.

“Pricing the price of 25 bits per second in March sit on 13-14bps currently. BPD.

“The soft end of the US dollar indicates the week after the net decreased last week in addition to support under the company’s support at 1.4250/60 The signals that are circulated at the present time are at least, at least, at least, the signals that stop at the present time should stop that the segment should stop The dollar has a chance to rise in the next few weeks.

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