USD/CAD: Volatility Likely to Influence Speculative Wagers

The USD/CAD is trading near 1.29750 as of this writing.  However on the 14th of July the USD/CAD currency pair did climb to nearly 1.32208 with a rather quick flurry of trading as financial institutions reacted to Bank of Canada moves and U.S economic data. Traders who were caught in the swirl of volatility last week may want to brace for additional storms in the mid-term and could find additional opportunities to bet on the USD/CAD gyrations.

Miłosz Banasiewicz

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