USD/CAD: Range seen intact above 1.3600 – BBH
Brown Brothers Harriman's (BBH) Elias Haddad notes USD/CAD is directionless around 1.3675 ahead of Canada’s Q4 GDP release, with consensus expecting a modest contraction versus the Bank of Canada’s stall forecast.

Brown Brothers Harriman's (BBH) Elias Haddad notes USD/CAD is directionless around 1.3675 ahead of Canada’s Q4 GDP release, with consensus expecting a modest contraction versus the Bank of Canada’s stall forecast. Haddad argues easing core inflation allows the BOC to keep rates steady, and he expects USD/CAD to hold above 1.3600 near term with resistance at 1.3800.

BOC steady stance underpins range trade

"USD/CAD is directionless around 1.3675."

"The Bank of Canada (BOC) estimates real GDP growth to stall after rising 2.6% SAAR in Q3 because of inventory destocking. Consensus is more downbeat with a -0.2% SAAR decline in Q4 penciled in. "

"The BOC is in good position to keep the policy rate on hold at 2.25% for some time as core inflation pressures have eased and tracking the bank’s projection."

"The swaps curve price-in steady rates over the next twelve months."

"USD/CAD will likely hold above 1.3600 in the near term, with resistance offered at 1.3800 (the 200-day moving average)."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Acuity Trading ialah fintech berpangkalan di London yang ditubuhkan pada 2013, pakar dalam data alternatif berkuasa AI dan analisis sentimen untuk dagangan dan pelaburan. Mereka merevolusikan pengalaman dagangan dalam talian dengan alat berita dan sentimen visual, dan terus menerajui pasaran dengan data alternatif penjana alfa dan alat dagangan yang sangat interaktif menggunakan penyelidikan serta teknologi AI terkini.
Baca Lagi

SEBUT HARGA LANGSUNG

Nama / Simbol
Carta
% Perubahan / Harga
GBPUSD
Perubahan 1 hari
+0%
0
EURUSD
Perubahan 1 hari
+0%
0
USDJPY
Perubahan 1 hari
+0%
0

SEMUA TENTANG FOREX

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut