交易新闻
16 Apr 2015
USD/CAD advances above 1.2300
FXStreet (Edinburgh) - The US dollar is now gaining pace vs. its Canadian neighbour on Thursday, lifting USD/CAD back above the 1.2300 handle.
USD/CAD pares losses
The greenback is now advancing for the first time in the week, partially reverting Wednesday’s sharp sell off after the BoC sounded more hawkish than expected, triggering a wave of buying interest around CAD as a consequence.
Ahead in the day, US Initial Claims, Housing Starts and Building Permits will be the main highlights today, along with speeches by Fed’s Lockhart, Rosengren, Mester and Fischer.
USD/CAD levels to watch
At the moment the pair is advancing 0.18% at 1.2314 and a breakout of 1.2350 (38.2% of 1.1565-1.2835) would open the door to 1.2353 (low Feb.3) and then 1.2400 (psychological level). On the other hand, the immediate support lines up at 1.2300 (psychological level) followed by 1.2062 (high Jan.19) and finally 1.1940 (low Jan.20).
USD/CAD pares losses
The greenback is now advancing for the first time in the week, partially reverting Wednesday’s sharp sell off after the BoC sounded more hawkish than expected, triggering a wave of buying interest around CAD as a consequence.
Ahead in the day, US Initial Claims, Housing Starts and Building Permits will be the main highlights today, along with speeches by Fed’s Lockhart, Rosengren, Mester and Fischer.
USD/CAD levels to watch
At the moment the pair is advancing 0.18% at 1.2314 and a breakout of 1.2350 (38.2% of 1.1565-1.2835) would open the door to 1.2353 (low Feb.3) and then 1.2400 (psychological level). On the other hand, the immediate support lines up at 1.2300 (psychological level) followed by 1.2062 (high Jan.19) and finally 1.1940 (low Jan.20).