share_log

美元/加元面临支撑考验,下行空间受限

USD/CAD is facing a test of support, with limited downside potential.

Breakings ·  10:48

USD/CAD is once again testing the support at the 55-day moving average, and with the weakening of the USD, the exchange rate is facing downward pressure. If this support is broken, it may further drop to the 1.43 level, but the key support area is between 1.4180 and 1.4200. Against the backdrop of a weakening USD, the CAD is relatively benefiting limitedly, mainly due to the impact of the USA's tariff policies on the Canadian economy, which may restrict the downward space of USD/CAD. The OECD has lowered Canada's economic growth forecast for 2025/26 from 2% to 0.7%, highlighting the uncertainty in the economic outlook. The importance of future Canadian economic data will increase, helping to assess the impact of tariffs and guide the policy actions of the Bank of Canada. The resistance level for USD/CAD is at 1.4450-1.4500.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Comment Comment · Views 371

Recommended

Write a comment

Statement

This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.