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USD/CAD Price Gains Capped Below 1.29 amid Firm WTI

Started by forex4you, May 03, 2022, 04:48 am

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May 03, 2022, 04:48 am
USD/CAD Price Gains Capped Below 1.29 amid Firm WTI

The USD/CAD remains glued to solid gains around the previous peak. The price of WTI Crude Oil recovers from its daily low, while the dollar index trades higher amid a mixed sentiment. Near-term directions may be set by the US and Canada’s April PMIs, but the FOMC meeting on Wednesday is crucial. Monday’s intraday gains … Continued


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