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USD/CAD Price Regains 1.25 as WTI Slips, Yields and Risk Soar

Started by forex4you, Mar 30, 2022, 05:36 am

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USD/CAD Price Regains 1.25 as WTI Slips, Yields and Risk Soar

The USD/CAD pair bounced off the late January low, ending a nine-day decline. On the lockdown in Shanghai, oil prices tumbled as hopes of a deal with Iran collided with Saudi Arabia’s geopolitical concerns. Risk catalysts amplify bullish bias as high yields support the US dollar. US trade data and US NFP will keep traders … Continued


The post USD/CAD Price Regains 1.25 as WTI Slips, Yields and Risk Soar appeared first on Forex Crunch.


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