Despite calmer tones in the market so far in European morning trade, the dollar is still keeping bid as there is still an air of uncertainty ahead of US trading later.
As much as the dollar is keeping firmer so far today, a lot still rides on the overall market sentiment and how the bond market plays out ahead of the weekend.
On the other hand, CAD is doing good with higher oil prices.
You can see a possible scenario in USDCAD.
As much as the dollar is keeping firmer so far today, a lot still rides on the overall market sentiment and how the bond market plays out ahead of the weekend.
On the other hand, CAD is doing good with higher oil prices.
You can see a possible scenario in USDCAD.