Canada's dollar rose for the first time in three days as stocks and crude oil advanced and speculation increased that the nation's central bank will raise interest rates faster than other countries. The Labor Productivity came out 0.7% worse than expected 1.4%. The Manufacturing Sales came out 0.2% worse than expected 0.3%. Breaking the 1.0230 level might extend the Canada's dollar strength. Overall, USD/CAD traded with a low of 1.0239 and with a high of 1.0359. Today, BOC's Governor Mark Carney will speak.

USD/CAD-Last: 1.0260

Resistance

1.0300

1.0380

1.0450

Support

1.0220

 
 

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