I have no interest in shorting, but keep in mind that the Thursday session is the jobs report this week, it is not Friday. The United States will, of course, be closed as Independence Day is on Friday. So, with that being said, this is a pair that will be very noisy over the next 24 hours, but ultimately it still favors the upside.
Trending
- Holds above 176.00 despite bearish bias
- Bank fees can add up, be difficult to see, consumer group says
- TSMC to raise advanced chip packaging prices by up to 20%, report says
- Budget 2026 Spending, Tax Cuts Set to Strain Canada’s Fiscal Capacity, Desjardins Says
- US Dollar Index holds bullish bias near 102.00 ahead FOMC meeting
- Further consolidation not ruled out
- Canadian Dollar weakens due to stronger US Dollar, lower oil prices
- A busy week ahead for FX
USD/JPY, USD/CAD and USD/CHF Forecasts – Interest Rate Differentials Drive Greenback Dominance
By Robert Jessi
