Forex: USD/CAD hits 6-week high at 1.0720 and retreats below 1.0700

February 2 2010 by admin in Law Advice |No Comments

Forex: USD/CAD hits 6-week high at 1.0720 and retreats below 1.0700
FXstreet.com (Barcelona) – After attempting twice to consolidate levels above 1.0700, the USD/CAD has reached 1.0720 as fresh highest level since Dec 18 and it has begun to retreat to trade just below 1.0700. Pair is currently pricing at 1.0695, fighting to take the positive tone after ten days of Dollar rally from January 19 low at 1.0245.

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Tags: 1.0700, 1.0720, 6week, Below, Forex, high, hits, Retreats, USD/CAD

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