Thursday, October 15, 2026

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USD/CAD rebounds to 1.2003 after wage data, big Fibo corral Loonie

Soft ADP offset somewhat by a big pick up in wage growth USD/CAD rebounded to 1.2003 after the wage data, back to range trade 1.1989 38.2% Fibo a big number for techies, ceded last week, but that was intra-day and daily …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Soft ADP offset somewhat by a big pick up in wage growth

  • USD/CAD rebounded to 1.2003 after the wage data, back to range trade

  • 1.1989 38.2% Fibo a big number for techies, ceded last week, but that was intra-day and daily close above squeezed 1.2205

  • Canada Ivey PMI coming up, forecast 49.2 (47.9 last) 

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