The Canadian Dollar gained versus the Dollar after BOC officials signaled the interest rate will probably be raised in June. Overall, USD/CAD traded with a low of 1.0005 and a high of 1.0066. USD/CAD continues to trade around the parity level around parity at 1.00 and could head higher if unable to make new lows. No economic data expected today.

USD/CAD - Last: 0.9995

Resistance

1.0040

1.0065

1.0100

Support

0.9950

0.9930

width=450