Is ‘Sell Canada’ the New Trade of the Day?
Yahoo Finance·2026-01-15 16:13
Group 1 - The March Canadian dollar futures are currently presenting a selling opportunity due to recent price weakness, having hit a four-week low and showing a downward trend [1] - The U.S. economy is performing better than the Canadian economy, contributing to a stronger U.S. dollar amid increased geopolitical tensions [2] - A decline in the March Canadian dollar below the support level of 0.7200 would empower bearish traders and create a selling opportunity, with a downside target of 0.7080 [3]