USDCAD Daily Outlook

The USDCAD pair based on the overnight positive momentum and moved up further above the 1.3305 handle. In the mean time, weakening worldwide economic data were refered to as a headwind at raw oil prices, which further undermined the CAD and stayed strong of the up-move to the highest level…

EURUSD: Brexit Plan B still in focus

The EURUSD pair managed to recapture some positive traction at the beginning of a new week after four successive daily pullbacks. Therefore, the pair compensated a significant part of Friday’s downfall. British PM May should present later today an amended Brexit plan. Brexit developments will be the more important event for investors (US markets…