Thursday, October 15, 2026

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USD/CAD up slightly regardless of China RRR & oil

Daily cloud base & 100-DMA 1.2220 weigh on USD/CAD recovery China RRR cut initially boosted CAD but impact was limited Higher oil a barrier to CAD decline, Especially with specs short CAD Breaks April 17 high 1.2272 or J…

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

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  • Daily cloud base & 100-DMA 1.2220 weigh on USD/CAD recovery

  • China RRR cut initially boosted CAD but impact was limited

  • Higher oil a barrier to CAD decline, Especially with specs short CAD

  • Breaks April 17 high 1.2272 or Jan 21 1.2062 low needed to stimulate 

 

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