Market Analysis Canadian Dollar Updated By DBFN

USD/CAD is trading north of the 1.31 handle following a de escalation of tensions between the US and China. The loonie was a strong performer in June, strengthening by 3.45% against the greenback on the back of strong GDP report and firmer oil prices. OPEC+ has agreed to maintain production cuts at least until the end of 2019.
DBFN

the market is hoping the world's two largest economies can now agree on a trade agreement. The pair is, however, looking for clear direction before making its next move. The economic calendar is light, and the US vs EU relationship will be tested over the next few sessions. We expect the dollar to trade more by exchange of food so that people can benefit from it .This is the any hope we have by economic because what you eat is what you benefits in this world thanks for  understand Blessing.

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