USD/CAD faces barricades around 1.3300 amid subdued USD Index, oil jumps

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USD/CAD faces barricades around 1.3300 amid subdued USD Index, oil jumps
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$USDCAD has sensed sheer selling pressure around 1.3300 amid strength in the oil price

S&P500 is expected to open on a negative note as investors are cautious ahead of second-quarter corporate earnings.

S&P500 is expected to open on a negative note as investors are cautious ahead of second-quarter corporate earnings. Subdued earnings are expected from US firms amid higher interestfrom the Federal Reserve and tight credit conditions by commercial banks. US commercial banks tightened their credit-disbursement process to avoid maintaining asset quality in a turbulent environment.

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