Short-term bottom of USDCAD

USDCAD

EURUSD

Trading activity went quiet not getting news releases alongside with Eater holidays in banks, main market players. EURUSD is keeping moving at 1.1150 since Thursday. Though, during this period we did not have any significant macroeconomic data release. We can stress only the GDP 4th quarter increase. Yearly growth of GDP (quarter dynamics multiplied by four) reached 1.4% against the expected 1.0%. Continue reading