USD/CAD flat on the day after quick spike higher
USD/CAD made a quick move to a fresh cycle high at 1.3438 then skidded back lower to 1.3400. It’s getting kicked around by stock market sentiment. In the latest move the S&P 500 is 10 points higher, it’s been helped by the strongest consumer confidence report since January.
USD/CAD touches fresh 11-year high; here is a daunting long-term chart for Canada
ByAdam Button
Sep 29, 2015