The USD is currently sitting at a very strong support level against the CAD. EMA50 is also above EMA200 on the daily and weekly. Keep in mind that, technically, the pair is in a "no trade zone."
The Canadian economy is also experiencing a number of acute deteriorations vs. the US economy that could put pressure on bank balance sheets in Canada. Increasing non-performing loans in Canada could lead to currency devaluation. The Bank of Canada's inflation targeting also revolves, at least partially, around currency devaluation (a kind of "beggar thy neighbour").
The Canadian economy is also experiencing a number of acute deteriorations vs. the US economy that could put pressure on bank balance sheets in Canada. Increasing non-performing loans in Canada could lead to currency devaluation. The Bank of Canada's inflation targeting also revolves, at least partially, around currency devaluation (a kind of "beggar thy neighbour").
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。