Hi Guys,
Why did the USD/CAD spike yesterday on 02/06 ?
Thank you
Hi Guys,
Why did the USD/CAD spike yesterday on 02/06 ?
Thank you
Hi Element,
Can you be a little more specific? From what I can see, the PA on the 6th February was ‘typical’ within USD.CAD
Oil, ( Brent Crude ) prices are dropping like a rock.
Still cant see a ‘spike’ - perhaps it was on the 5 second time frame
bwhahahahahahahaha,
Anyone have any ideas why the USD/CAD dropped like a rock after posting decent NFP numbers ?
Thanks ,
FF140
Yes you are right, the NFP results were quite good. But take into consideration the news on the CAD as well. The unemployment rate dropped with 0.2% while it was expected to be the same, so in my opinion this was the reason