Canadian dollar (CAD)

 

 

The Canadian Dollar stayed almost unchanged versus the US dollar as it was a quiet day in the markets, owing to the holiday, and therefore there wasn't any cause for big movement. The USD/CAD was very steady, and as long as the pair is below 1.0000, the Canadian Dollar is more attractive. Overall, USD/CAD traded with a low of 0.9856 and with a high of 0.9901. Today, the BOC Rate Statement will occur and the interest rate decision will be released, which is expected to remain at 1.00%.

 

 

USD/CAD - Last: 0.9845

 

Resistance

0.9880

0.9900

0.9940

Support

0.9855

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