USD/CAD Reverses Ahead of 200-Day SMA as Canada GDP Contracts

31 August 2021 Last updated : 31 August 2021 BonTrade

USD/CAD appears to have reversed course ahead of the 200-Day SMA (1.2539) as Canada’s GDP report shows an unexpected contraction in the second quarter of 2021.

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USD/CAD Reverses Ahead of 200-Day SMA as Canada GDP Contracts

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