USD/CAD spikes to se...from Omajosh

USD/CAD spikes to session tops, around mid-1.4100s in reaction to BoC’s surprise rate cutNEWS | 18 minutes ago | By Haresh MenghaniUSD/CAD stages a solid intraday recovery from sub-1.4000 levels, or 1-1/2 week lows.Sliding oil prices, a goodish pickup in the USD demand led to the initial leg of recovery.The BoC’s surprise decision to cut interest rates to 0.25% provided an additional boost.The USD/CAD pair built on its goodish intraday recovery move from 1-

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The world will get through this but let's trade with caution! This is not a time to experiment with new stragies please. thanks. Some economies are already on recovery while several others are still reeling from the devastations of this epidemic,the news is not very cheering either but I have this strong feeling,most evonomies will recover in no time.

Omajosh