Canadian Dollar (CAD)


The Canadian Dollar gained versus the Dollar as Risk Appetite grew and Commodity prices rose on Dollar weakness and good economic data. Labor Productivity came out better showing 0% change versus 0.4% forecast. Overall, USD/CAD traded with a low of 1.0711 and with a high of 1.0870. Today, Manufacturing Sales are expected better with 2.4% versus 1.9% prior.

USD/CAD - Last: 1.072 

Resistance

1.0807

1.0875

1.093

Support

1.0675

1.063

1.06

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