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Tag - cad - canadian dollar
What will shake markets today
EUR/USD is consolidating, GBP/USD is under pressure, USD/JPY dropped.
The first week of December will be highlighted by the RBA meeting as well as the job report for the United States. Learn more!
NZDCAD has been rising today, a bearish reversal possible soon
The Bank of Canada’s release of the interest rate is at 17:00 MT time on December 4.
The major currency pairs start the week with cautious sideways movement and consolidation.
The price has been showing an uptrend lately, but may go into a bearish reversal in the short-term.
CAD traders are cautious ahead of the Canadian GDP growth, and more news on the US-China trade talks are expected
Canada will release its GDP growth rate at 15:30 MT time on November 29.
Today, NZDCAD gives an example of a bearish reversal scenario confirmed by the RSI and the Stochastic Indicator.
The most important events of the last week of November