USD/CAD: Weak stocks suggest limited potential for the Loonie to recover – Scotiabank

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USD/CAD: Weak stocks suggest limited potential for the Loonie to recover – Scotiabank USDCAD Banks Equities

Firm resistance at 1.3520, losses limited to 1.3490“The USD rise has run into firm resistance at 1.3520, with losses limited to 1.3490; a move either side of this range will determine short-term gains or losses but might also point towards either a return to the 1.36 area or a drop back to the low 1.34s.”Information on these pages contains forward-looking statements that involve risks and uncertainties.

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