Tag - cad - canadian dollar

 Futures moved higher on Monday
Futures moved higher on Monday

Markets gear up for Tesla and Apple whose stocks will split on Monday, but investors still keep their eye on COVID-19 developments. Here's a technical analysis of AUD/USD, USD/CAD and USD/JPY.

USD/CAD dropped to January’s levels
USD/CAD dropped to January’s levels

USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.

USD/CAD looks vulnerable
USD/CAD looks vulnerable

If the market gets confirmation that Canadian economy is doing better than the US one, which had a very bad Q2, USD/CAD will suffer.

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