In today’s video we look at six CAD pairs which clearly show the Canadian dollar is being favoured by bulls at the moment. A strong employment report adds further pressure for the BOC to tighten policy sooner which has helped AUD/CAD and NZD/CAD break to new lows. But even USD/CAD is looking weak at its highs whilst CAD/CHF printed a notable bullish engulfing candle yesterday – which is not bad considering CHF has been one of the strongest currencies of late.
How to trade with FOREX.com
Follow these easy steps to start trading with FOREX.com today:
- Open a Forex.com account, or log-in if you’re already a customer.
- Search for the pair you want to trade in our award-winning platform.
- Choose your position and size, and your stop and limit levels.
- Place the trade.
Latest market news
Today 02:05 PM
Today 11:59 AM
Yesterday 11:06 PM