Market Overview

USD/CAD Lower, Canadian Building Permits Rise

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USD/CAD is trading at 1.3204, down 0.0021.

The pair is trading rangebound.

Statistics Canada reported that building permits rose 8.7 percent in October versus a decline of 4.6 percent in September. The new house price index rose 0.4 percent versus a rise of 0.2 percent and capacity utilization was 81.9 percent versus 79.7 percent.

 

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Posted-In: Canadian dollar USD/CADFutures Forex Markets