USD/CAD set to extend its drop below 1.3690 support – Scotiabank
Business

USD/CAD set to extend its drop below 1.3690 support – Scotiabank

The loonie firms modestly ahead. Economists at Scotiabank expect the USD/CAD pair to slide below 1.3690 in the near-term. Broader outlook is somewhat mixed “USD/CAD cast a marginally negative look to the very short-term charts, with the USD testing the 1.3750 twice before edging lower. That trend rather implies modest downside prospects for the USD… […]