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COZfx: USD/CAD rallies over 1% after US jobless claims repor

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

Postby Boshka » Thu May 18, 2017 2:45 pm

It is significant that at a time when almost everything else is rising against the U.S. Dollar, the British Pound is only rising a little. This suggests that were the U.S. Dollar to recover sharply, this pair would fall sharply.
A strong break above 1.3000 would be a very bullish sign.
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