Market Overview

USD/CAD Moves Up

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USD/CAD is trading at 1.2702, up 0.0048. The pair is trading very choppy.

Market chatter about global headline news is ongoing and has kept both buyers and sellers active. Canadian May Manufacturing Sales figures are scheduled for release by Statistics Canada on Wednesday. The Bank of Canada is scheduled to announce any changes to monetary policy Wednesday at 10:00 a.m. ET. The bank will likely make a statement and is scheduled to hold a press conference afterwards.

Posted-In: Canadian dollarFutures Forex Markets

 

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