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Canadian dollar futures slipped

Model: NS-40F401NA26
SKU: 6614066
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Canadian dollar futures slipped, influenced by profit-taking after a week-long rally. Hedge funds appear to be rebalancing toward short-term neutral positioning amid concerns over slowing Chinese industrial demand. If you’re keeping an eye on market movers, consider branching out and discover fast growing stocks with high insider ownership A forward contract is a private transaction. Forwards are basically unregulated, unlike a futures, which are regulated by the CFTC in the United States. Technical analysts highlight Canadian dollar futures breaking above their 10-day moving average, signaling potential follow-through buying. However, momentum indicators suggest caution as RSI approaches overbought levels.