Wed, 10 Nov 2021 16:12:33 GMT
USD/CAD is highly volatile
Since the middle of Tuesday's GMT trading hours, the USD/CAD has been highly volatile. The high volatility could be explained by the Tuesday's publication of US Producers Price Index at 13:30 GMT and the Wednesday's US Consumer Price Index release at 13:30 GMT.
During the high volatility, the rate has been mostly ignoring technical support and resistance levels. However, the