SteveNixon

Trading Room Summary 15/04/20

FX:CADCHF   Canadian Dollar/Swiss Franc
Currently we are seeing a pull back on all the Stock markets we analyse, is it the start of a major correction? We'll not know for a few days so let's keep an eye on it. Oil is approaching previous lows and as a result the CAD is falling, The BOC has an interest rate decision today which could also have an effect of the CAD so trade with caution. The USD may be about to start a move back up toward recent high so there may be some short term opportunities on the Majors

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