USD/CAD Price Snaps Risk Reversal to YTD Highs, Eying Elections


Source: forexcrunch.com forexcrunch.com

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USD/CAD remains broadly bullish on Monday. The 0.054 difference between call and put shows a strong potential for further upside. Retracing WTI may also lend further support to the pair. The USD/CAD price sees a slight decline from the 1.2800 level. However, the pair still holds a strong bullish trend. The USD/CAD pair is at 1.2783, up 0.14% on Monday, at the time of writing. -Are you looking for the best CFD broker? Check our detailed guide- According to Reuters, the USD/CAD risk reversal, which measures the difference between call and put prices, rises for the first time in three...