Market Overview

USD/CAD Little Changed Ahead of Data

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USD/CAD is trading at 1.3257, down 0.0014.

The pair is trading in the middle of the session range. Statistics Canada is scheduled to release balance of trade data along with export and import figures at 8:30 a.m. ET.

The Richard Ivey School of Business IVEY PMI (purchasing managers survey) is due out at 10:00 a.m. ET.

The Bank of Canada (BOC) meets on Wednesday and will announce if there is any change in monetary policy.

 

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Posted-In: Canadian dollar USD/CADFutures Forex Markets