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 Usd/cad Again Been hemmed Into a Tight Range

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PostSubject: Usd/cad Again Been hemmed Into a Tight Range   Usd/cad Again Been hemmed Into a Tight Range Icon_minitimeTue Aug 14, 2012 11:14 am
Usd/cad Again Been hemmed Into a Tight Range


Quotes from RBC Capital Markets:
-USD/CAD has once again been hemmed into a tight range. Yesterday's 36pt range for the entire day was the third tightest in the last year.
-Today's is, so far, tighter still (26pts) and there is no domestic news scheduled. Longer-dated USD/CAD vol hit new post-crisis lows today.



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