Loonie hovers around 1.2650 awaiting Canadian retail sales...
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Also firmer vs the Buck, as the , Loonie hovers around 1.2650 awaiting Canadian retail sales and Pound probes barrier defences at 1.4000 following significant beats in UK PMIs, including services that were so ravaged by the return to lockdown last time. On that note, ONS retail sales data was extremely weak in contrast to public finances, but neither impacted that much. Overall USD/CAD has been on the back burner this week due to it being stuck within the monthly wick range. We are pressuring downside so its now up to DXY where this pair is next headed.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.