Canadian dollar (CAD)

Canada's Dollar weakened against all of its major counterparts as commodities fell and as crude oil prices dropped after Saudi Arabian Oil Minister Ali al-Naimi signaled OPEC may bolster production. Breaching the resistance level of 1.0020 might extend the pair further. Overall, USD/CAD traded with a low of 0.9918 and with a high of 0.9982. Today, the Core CPI (MoM) is expected at -0.10% vs. 0.00% previously.

USD/CAD - Last: 0.9930

Resistance

0.9973

1.0020

Support

0.9910

0.9890

0.9840

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