Flash: CAD crosses in focus – TDS

FXstreet.com (London) - Strategists at TD Securities said USDCAD consolidates but remains well-supported below 1.06. They commented further on the crosses.

Key Quotes:

“EURCAD underpinned in the mid 1.44s for now but downside risks are building”.

“AUDCAD rally stalls, overall trend remains lower”.

“GBPCAD losses should remain limited, underlying bull trend remains strong”.

“CADJPY gains slow”.