Merchants are additional net-short than yesterday and final week, and the mix of present sentiment and up to date adjustments provides us a stronger USD/CAD-bullish contrarian buying and selling bias.
USD/CAD IG Shopper Sentiment: Our information exhibits merchants at the moment are net-short USD/CAD for the primary time since Feb 15, 2024 14:00 GMT when USD/CAD traded close to 1.35.