USD/CAD Moves Up, Focus On BOC

USD/CAD is trading at 1.3059, up 0.0061. The pair is trading choppy and a little under the session highs during afternoon forex trading in the U.S. Market chatter about money flows, U.S.and Canadian payroll data released earlier today and crude oil prices has kept both buyers and sellers active. Market chatter about the Bank of Canada's (BOC) monetary policy is making the rounds. The BOC meets on Wednesday July 13th and will announce if there is any change to policy. In other Forex Markets; EUR/USD is trading at 1.1043, down 0.0018. GBP/USD is trading at 1.2942, up 0.0037 USD/JPY is trading at 100.54, down 0.23. AUD/USD is trading at 0.7558, up 0.0065. USD/CNY is trading at 6.6873, up 0.0083.
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Posted In: FuturesForexMarketsCanadian dollarUSD/CAD
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