Market Overview

USD/CAD Lower Ahead of Data

Share:

USD/CAD is trading at 1.3498, down 0.0038.

The pair is trading modestly choppy and just above the session lows. Market chatter about comments from global economic policy officials and money flows has kept buyers and sellers active in a fairly narrow range.

Market chatter about Canadian economic data due out next week is starting to make the rounds. Statistics Canada is scheduled to release wholesale sales data Monday at 8:30 a.m. ET. and retail sales figures Tuesday at 8:30 a.m. ET.

In other Forex Markets;
EUR/USD is trading at 1.0596, down 0.0028.
GBP/USD is trading at 1.2342, down 0.0065.
USD/JPY is trading at 110.73, up 0.48.
AUD/USD is trading at 0.7340, down 0.0058.
USD/CNY is trading at 6.8792, up 0.0092.

Posted-In: Canadian dollar USD/CADFutures Forex Markets

 

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