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Tuesday, May 2, 2017

[FOREX NEWS] CAD: Long USD/CAD Here ‘At Best Playing With Fire’; Sell Close To 1.40 – SocGen

Dollar/CAD continues higher, breaking above 1.37. What’s next? Here is the view from SocGen. Here is their view, courtesy of eFXnews: Societe Generale FX Strategy Research argues that if the USD can keep at least a modest bid going into this week’s FOMC meeting, there is a risk USD/CAD can see a further spike higher in [...]

The post CAD: Long USD/CAD Here ‘At Best Playing With Fire’; Sell Close To 1.40 – SocGen appeared first on Forex Crunch.



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