The weak attempt on Tuesday and Wednesday to break out of the pandemic declining channel failed at 1.2635 resistance, leaving the USD/CAD the sole major pair yet operational within its year-long parameters. All others have succumbed to a greater or lesser degree to the US dollar rate inspired rise. The USD/CAD finished the week at 1.2578 one point from its open on Monday. Canada’s dollar is a special case among the USD based pairs and its unique conditions have kept the loonie near its three-year highs. First, the gains in US Treasury yields have been largely matched by Canadian sovereign rates. Second, the pending … (full story)World Economy Risks ‘Dangerously Diverging’ Even as Growth Booms
We accept
More payment methods coming soon…
“CMX MARKETS” Ltd does not accept clients from the following jurisdictions: Afghanistan, American Samoa, The Bahamas, Botswana, Democratic People’s Republic of Korea, Ethiopia, Guam, Iran, Iraq, Libya, Pakistan, Panama, Puerto Rico, Samoa, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, US Virgin Islands, USA and Yemen.
Risk Warning: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.
Office: Republic of Moldova, mun. Bălți, str. Dostoevschi, nr. 12, tel: +373 (231) 84 012
Secured By SSL.
Copyright © CMXMarkets. All rights reserved.