Friday, October 16, 2026

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USD/CAD rise to threaten 1.2757 (Mar 19 high)

WTI at USD 47.60/barrel,110 centslower on the day 1.2705 (Mondayhigh) is now a USD/CAD support point Canada Jan GDP data in focus due 1230GMT. -0.2% f/c BOC Governor said Q1 "will look atrocious...oil shock is big deal" …

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • WTI at USD 47.60/barrel,110 centslower on the day

  • 1.2705 (Mondayhigh) is now a USD/CAD support point

  • Canada Jan GDP data in focus due 1230GMT. -0.2% f/c

  • BOC Governor said Q1 "will look atrocious...oil shock is big deal"

  • BOC unexpectedly cut rates on Jan 21

 

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