Intraday Market Thoughts

Which CAD Pair?

by Ashraf Laidi
Feb 11, 2015 1:45

As the Canadian dollar posts its seventh trading session of alternate up-&-down days against the USD, figuring out the next move in the loonie becoming increasingly challenging. Dovish comments from the Bank of Canada and falling oil helped drag down CAD. But any signs of rebound in oil are helping cap the USDCAD. After close analysis, we found a currency against which we could trade CAD with more confidence and less certainty. Find out from the 2 new Premium trades and 2 charts in our latest Premium Insights.


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