Canadian Dollar Update, August 22, 2022 – Canadian Dollar Playing Defence
USD/CAD Open: 1.2981-85, Overnight Range: 1.2973-1.3017, Previous Close: 1.2993 WTI Oil open at $90.18 and gold open at $1,737.56. US markets are lower today. For today, USD resistance is at 1.3071. Support is at 1.3039. Fed Chair Powell speech Friday China cuts rates, underpins antipodean currencies US dollar stays bid to start the week […]
