The Canadian Dollar declined against the Dollar after reaching parity for a second consecutive day on speculation the Bank of Canada will accelerate interest rate increases. Building Permits came out worse than expected at -0.5% vs. 2.1% forecast. USD/CAD has been trading downwards since February as long it's below 1.0300 a short position is preferred. Overall, USD/CAD traded with a low of 0.9977 and with a high of 1.0062. No economic data expected today.
USD/CAD - Last: 1.0053