Canadian Greenback, USD/CAD, Euro, EUR/USD, IGCS - Speaking FactorsCanadian Dollar and Euro eyeing native
Canadian Greenback, USD/CAD, Euro, EUR/USD, IGCS – Speaking Factors
- Canadian Dollar and Euro eyeing native inflation knowledge in coming days
- IG Consumer Sentiment hints that USD/CAD could fall as EUR/USD climbs
- Technical indicators appear to favor the draw back in each forex pairs
How Can Dealer Positioning Influence the Outlook for the Canadian Greenback and Euro?
The Canadian Greenback and Euro face inflation knowledge this week that will alter near-term dovish expectations for the Financial institution of Canada and European Central Financial institution respectively. On this week’s session, I mentioned how dealer psychology is shaping the tendencies in USD/CAD and EUR/USD and what might be in retailer forward. IG Consumer Sentiment (IGCS) is portray a bearish image for the previous and a bullish one for the latter.
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Feb 26
( 01:02 GMT )
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