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. (Reuters) -Futures tied to Canada’s commodity-heavy main stock index rose on Monday, led by gains in gold prices, as investors awaited remarks from a slate of Federal Reserve policymakers and weighed concerns over a possible U.S. government shutdown. French Prime Minister Sebastien Lecornu on Sunday named Roland Lescure, a close ally of French President Emmanuel Macron, as finance minister in a new cabinet that saw several senior ministers in the last ousted government retain their posts. Dealers attribute recent sideways moves to cross-border economic data alignment, especially with U.S. interest rate expectations shifting after dovish Fed commentary.
