Barclays is bullish on USD/CAD.

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Barclays turned to neutral for USD/CAD in the short-term, as the currency pair closed below 1.4150 near the 21 day moving average, which increases the risk of deeper possible correction. According to the analysts at Barclays, they are bullish on USD/CAD and are looking for signs of a base to re-enter a long position. If a rally continues through the 1.4690 levels, the pair would move towards the 1.4950 area and even to the much higher targets of 1.5325.

BARCLAYS DEVANT LA JUSTICE BRITANNIQUE DANS L'AFFAIRE LIBOR

 

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