Canadian Dollar (CAD)

Canada’s Dollar strengthened for a second day against its U.S. counterpart amid gains in stocks and commodities as investors looking for higher-yielding assets tied to global economic growth. Overall, USD/CAD traded with a low of 1.0692 and with a high of 1.0820. Today, The Building Permits expected at 2.5% vs. -11.4% previously. The Ivey Purchasing Managers Index (PMI) expected at 57 vs. 55.7 previously.

USD/CAD - Last: 1.073 

Resistance

1.078

1.0815

1.085

Support

1.067

1.061

1.059

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