Monday, July 24, 2017

USD/CAD Continues to Depreciate as Saudis Vows to Cap Production







With the Dollar continuing to sell off and Crude climbing new grounds, we may see further depreciation with the USD/CAD as the Saudis vow to cap production levels. This pair is already down 700 pips from last month and may continue to decline if Crude continues to appreciate.


Let's see how the dice roll....

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