🇨🇦💱 CANADIAN DOLLAR LAGS BEHIND GLOBAL RISK-ON RALLY
🔹 USD/CAD trading near 1.36-1.37 range as major banks maintain consensus forecast for May 2026 📊📈
🔹 CAD staged impressive comeback from 1.396 weakness in March but now faces technical resistance after 5% yearly gain 💪📉
🔹 Non-commercial traders flip from most bullish CAD position since 2021 back to net short bets this month ⚡🔄
Bank forecasts show gradual CAD strengthening to 1.32-1.33 range expected by Q4 2026 as rate differentials narrow 🎯
Perfect time to review your USD/CAD positions! Share with forex traders 📲💰
#CanadaNews #forex #CAD
@canada
🔹 USD/CAD trading near 1.36-1.37 range as major banks maintain consensus forecast for May 2026 📊📈
🔹 CAD staged impressive comeback from 1.396 weakness in March but now faces technical resistance after 5% yearly gain 💪📉
🔹 Non-commercial traders flip from most bullish CAD position since 2021 back to net short bets this month ⚡🔄
Bank forecasts show gradual CAD strengthening to 1.32-1.33 range expected by Q4 2026 as rate differentials narrow 🎯
Perfect time to review your USD/CAD positions! Share with forex traders 📲💰
#CanadaNews #forex #CAD
@canada
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