Canadian Dollar Update, September 7, 2022 – Canadian Dollar Awaiting BoC Decision
USD/CAD Open: 1.3158-62, Overnight Range: 1.3152-1.3204, Previous Close: 1.3151 WTI Oil open at $87.25 and gold open at $1,706.68. US markets are mixed today. For today, USD resistance is at 1.3242. Support is at 1.3127. BoC expected to raise interest rates either 50 or 100 bps Elevated US Treasury yields weigh on risk sentiment […]
