The break in the USDCAD failed. Reverses to 2024 high. https://t.co/0x9okakN3e
USDCAD hits 1.39157 after a 3.2% move spanning 36 days Show details https://t.co/S1aF761IZ8 64% of retail CFD accounts lose money. https://t.co/kPaC92hNDc https://t.co/a6r9KjvLSN
Extreme movement experienced on NZDUSD. Check this chart to see what to do next More info here... https://t.co/cEvM4iSUzL 64% of retail CFD accounts lose money. https://t.co/kPaC92hNDc https://t.co/pcUR6C91Um
The USDCAD currency pair has been experiencing significant movements, recently reaching 1.39157 after a 3.2% increase over 36 days. This follows a previous high of 1.38885, marking a stretch toward the highs not seen since 2022. Despite this upward trend, the recent break in the USDCAD did not hold, reversing back to the 2024 high. In addition, the USDCHF and AUDUSD pairs have also shown unexpected large movements, indicating potential shifts in market dynamics. Economic events impacting these currencies have been highlighted, with traders closely monitoring the situation for further developments.