Month: February 2021

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Follows USD lower and oil prices The USDCAD just a few hours ago was testing and breaking above its 200 hour moving average for the 1st time since February 5. The the high price extended up to the low of a swing area between 1.2762 and 1.27645. The 50% retracement of the move down from February 2
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Sterling appears to be one of the stronger after data showed larger than expected GDP growth in December and Q4. But for now. Mean while Dollar and Euro are following as the next better performer. The greenback attempted for a recovery earlier today. But apparently, there is now follow through buying so far. Commodity currencies
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