Canadian Dollar Update, June 8, 2022 – Canadian Dollar Gnawing at Resistance
USD/CAD Open: 1.2547-51, Overnight Range: 1.2527-1.2557, Previous Close: 1.2533 WTI Oil open at $121.32 and gold open at $1,849.66. US markets are lower today. For today, USD resistance is at 1.2569. Support is at 1.2544. Surging US Treasury yields turn risk sentiment negative Australia’s central bank raises rates 0.50% US dollar opens strongly, JPY […]
