Canadian Dollar (CAD)
The Canadian Dollar finished almost unchanged versus the Dollar after gaining for most of the trading session along with other currencies. Higher commodity prices and gains in stocks helped the Canadian Dollar to strengthen but Building Permits came out worse at -11.4% versus 0.5% expected, erasing earlier gains. Overall, USD/CAD traded with a low of 1.0673 and with a high of 1.0821. Today, Housing Starts are expected better at 138K versus 134K prior.