USD/CAD: Failed Attempt To Gain Higher Levels Could Lead To New Lows

World Currency Exchange Table Graph

matejmo

Since printing this year’s high on January 3, at 1.3685 USDCAD failed to continue higher and has trended lower as the Loonie strengthened on a higher current account balance which was positive for September 2022 as a percentage of GDP.

Canadian yield curve

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US yield curve

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USDCAD daily chart

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usdcad weekly chart

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usdcad monthly chart

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