Canadian Dollar (CAD)

The Canadian Dollar remained unchanged versus the Dollar as stocks declined and Crude remained almost unchanged below 67$ a barrel. Overall, USD/CAD traded with a low of 1.0792 and with a high of 1.0924. Today, The Canadian GDP will be released expected better with 0.4% versus 0.1% prior. RMPI is expected stronger with 2.9% versus -3.8% prior and U.S Crude Inventories are important for the Canadian currency as well as its Canada's primary export.

USD/CAD - Last: 1.08 

Resistance

1.0925

1.0995

1.1025

Support

1.0765

1.0735

1.07

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