USDCAD: THE TABLE IS SET

25 Okt 2023

Imagine a time like this, a time of extreme uncertainty, a time central banks have become the Lords of the rings, Declaring and delegating their authority through the prime use of interest rates and open market operations. This is also a time of WAR and energy is at its peak of importance. The middle east tensions coupled with America's fragile economy is a good delicacy for CAD strength in uncertainty: that is, the Canadian dollar could only proof to be strong fundamentally, thereby fueling my sell bias on USDCAD by 15:00 WAT.

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