Greg Gibbs, Analyst at Amplifying Global FX Capital, notes that the CAD has shot up in the last two sessions with the cloud of NAFTA negotiations lifted over the currency. Key Quotes “These are difficult levels to start buying the CAD, but it could build on its gains in recent days. The economy continues to show strength, the recent inflation data moved somewhat above the target on average for three underlying measures (trimmed mean: 2.2%, weighted median: 2.1%, common component: 2.0%), setting the stage for higher rates, and oil prices are at their highs since 2014.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EOS price analysis: Eyes psychologically set on $6.0; CTO Dan Larimer talks about cryptocurrency mass adoption FX Street 4 years Greg Gibbs, Analyst at Amplifying Global FX Capital, notes that the CAD has shot up in the last two sessions with the cloud of NAFTA negotiations lifted over the currency. Key Quotes "These are difficult levels to start buying the CAD, but it could build on its gains in recent days. The economy continues to show strength, the recent inflation data moved somewhat above the target on average for three underlying measures (trimmed mean: 2.2%, weighted median: 2.1%, common component: 2.0%), setting the stage for higher rates, and oil prices are at their highs since 2014." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
