Market Overview

USD/CAD Trading Lower Ahead of Data

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USD/CAD is trading at 1.3114, down 0.0051.

The pair is trading choppy and a little above the session lows during afternoon forex trading in the U.S.

Market chatter about recent comments from Canadian and U.S. policy makers has kept buyers and sellers active
Talk about Canadian economic data due out Friday is starting to make the rounds.

Statistics Canada is scheduled to release Canadian consumer inflation data (CPI) Friday at 8:30 a.m. ET.

In other Forex Markets;
EUR/USD is trading at 1.0572, up 0.0022.
GBP/USD is trading at 1.2544, up 0.0093.
USD/JPY is trading at 112.65, down 0.77.
AUD/USD is trading at 0.7711, up 0.0015.
USD/CNY is trading at 6.8621, down 0.0143.

 

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Posted-In: Canadian dollar USD/CADFutures Forex Markets