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US Dollar’s rally remains capped below 1.3850. The pair failed to break that level on its latest attempt on Monday and is trimming gains during the European session, yet with downside attempts looking weak so far.
The Canadian Dollar has drawn some support from a previous rebound in Crude prices, triggered by escalating tensions in the Middle East. Israel has launched strikes in Lebanon as a response to a deadly attack from the Hizbullah on the weekend. This might inflame an already unsteady region and threaten the Oil supply.
On the other hand, the Fed is meeting this week, with the market expecting a dovish turn on the bank’s rhetoric, which might increase negative pressure on the USD.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
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