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Delayed USD Lift Post FOMC Minutes, USDCAD Eyeing Resistance

FOREX
  • The BBDXY index has now pushed higher again now test its earlier high, currently +0.22% on the day, despite Tsys paring losses.
  • USDCAD has cleared earlier highs, most recently touching 1.3688 to eye resistance at 1.3691 (May 10 high) after which lies 1.3785 (Apr 30 high).

Source: Bloomberg

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  • The BBDXY index has now pushed higher again now test its earlier high, currently +0.22% on the day, despite Tsys paring losses.
  • USDCAD has cleared earlier highs, most recently touching 1.3688 to eye resistance at 1.3691 (May 10 high) after which lies 1.3785 (Apr 30 high).

Source: Bloomberg