FXO 29-04

There aren't any major expiries to take note of on the day. As such, trading sentiment will continue to be driven by the same factors over the last two weeks. That being the overall risk mood and potential headline risks. For today though, the loonie is also going to face risks from the Canadian election. Mark Carney's Liberal Party has won the election but the question now is whether if he will form a majority or minority government. Adam had this from earlier: There is one Canadian election outcome that could hurt the loonie

Besides that, we shouldn't see the expiries board above factor into play in the session ahead.

For more information on how to use this data, you may refer to this post here.

Source: Forex Live