Canadian dollar (CAD)


Canada’s Dollar weakened for a second consecutive day as Crude and Gold prices fell and global stocks declined, making high yield currencies such as the Canadian Dollar less appealing. The drop in equities encouraged some investors to sell the Canadian Dollar to limit losses. Overall, USD/CAD traded with a low of 1.0673 and with a high of 1.0851. Today, The Core Retail Sales are expected at 0.1% vs. 1% previously and The Retail Sales are expected at 0.5% vs. 1% prior.

USD/CAD - Last: 1.0775 

Resistance

1.0875

1.0925

1.0965

Support

1.0745

1.0705

1.0665

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