Canadian dollar (CAD)

 

 

The Canadian Dollar fluctuated against the Dollar on Friday, but weakened a bit in the end. During the session, the Canadian dollar fell the most it has in eight days as new Chinese measures to tighten liquidity dampened demand for currencies tied to commodities. The USD/CAD fluctuated on Friday, and as long as the pair is below 1.0000 the Canadian Dollar is more attractive .Overall, USD/CAD traded with a low of 0.9886 and with a high of 0.9977. Today, Foreign Securities Purchases are expected to rise from 9.51B to 10.42B.

 

 

USD/CAD - Last: 0.9888

 

Resistance

0.9910

0.9950

0.9985

Support

0.9870

0.9850

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