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USD/CAD: Settling at a higher plane – OCBC

Terence Wu, an FX strategist at OCBC Bank, sees the USD/CAD pair consolidating around 1.44. 

Key quotes

“The USD-CAD may see further consolidation around the 1.4400 vicinity, amid a larger 1.4200 to 1.4600 range.” 

“Overall, topside momentum may have eased.”

 

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