USD/CAD: Loonie can be excused a minor pause for breath – Scotiabank USDCAD Oil Positioning Banks
Spot remains close to the 1.32 zone and, after a run of solid gains over the past three weeks, can be excused a minor pause for breath.
The positioning bias against the CAD could provide the CAD with an additional tailwind if investors cover.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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