Market Overview

USD/CAD Little Changed Ahead of Data

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USD/CAD is trading at 1.3398, down 0.0001.

The pair is trading rangebound and on both sides of unchanged as overseas forex traders begin to wind down trading for the day. Market talk about global money flows and the U.S. election on Tuesday is making the rounds.

Chatter about Canadian economic data due out Tuesday is starting to show up. Canada's Mortgage and Housing Corporation (CMHC) is scheduled to release Canadian housing starts at 8:15 a.m. ET.

Statistics Canada is set to release Building Permit figures Tuesday at 8:30 a.m. ET.

In other Forex Markets;
EUR/USD is trading at 1.1037, down 0.0099.
GBP/USD is trading at 1.2402, down 0.0110.
USD/JPY is trading at 104.57, up 1.48.
AUD/USD is trading at 0.7695, up 0.0034.

Posted-In: Canadian dollar USD/CADFutures Forex Markets

 

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