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FX Desk

USD/CAD Price Forecast: Buyers challenge 100-day SMA after double-bottom formation

By FXStreet

USD/CAD Price Forecast: Buyers challenge 100-day SMA after double-bottom formation

USD/CAD edges higher on Monday as Fed rate hike expectations lift the US Dollar (USD) to a nearly two-week high, while rising Oil prices provide little support to the commodity-linked Canadian Dollar (CAD).

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  5. ECB’s Schnabel: Recent energy-price developments have been quite concerning

Source: FXStreet