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Forex

USD/CAD could head higher towards December peak of 1.3620 on a break past 1.3540 – SocGen

USD/CAD is heading towards 1.3540. Economists at Société Général analyze the pair’s technical outlook.

Forex

USDCAD buyers took a shot at the upside and failed

<p>The USDCAD fell to – and through – the 200-hour MA (and a swing area between 1.3207 – 1.32299) yesterday, but failed. The price rebounded into the close modestly.</p>&

Forex

Raising Price, Cutting Output: Mixed Signals from Saudi Arabia

<p>Saudi Arabia underpinned oil mood on Monday announcing additional output cut by 1 million bpd. starting in June. The Kingdom’s output is expected to decline to 7.5 million bpd., the lowest le

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