By Paul Spirgel — Nov 11 - 11:45 AM
$CAD holds slight gain into Europe cls, +0.2% at 1.3920; NY range 1.3950-19
Rate spreads key driver, liquidity light Veterans & Remembrance Day holidays
Trump trades intact, UST futures and commodities lower weighs on CAD
$CAD res 1.3950 Mon high, 1.3959 2024 high on Nov 1, 1.3976 upper 21-d Bolli
Supt 1.3888 daily conversion line, 1.3862 the 21-DMA, 1.3813 the Oct 24 low
Source:
Refinitiv IFR Research/Market Commentary