USD/CAD Trading Lower, Canadian New Home Prices rise

July 14, 2016 8:48 AM | 17 seconds read |
USD/CAD is trading at 1.2923, down 0.0054. The pair is trading choppy and just above the lows of the session. Statistics Canada reported that new home price rose 0.7 percent in May versus a 0.3 percent gain in April. It was the best monthly advance since July 2007. Year over year, new home prices rose by 2.7 percent.
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