Canadian dollar (CAD)

The Canadian Dollar dropped the most in seven weeks against the Dollar as escalating violence in Libya reduced demand for assets related to global economic growth. In addition, retail sales came out worse than expected at -0.2% vs. 0.0% forecast. The USD/CAD's resistance is located at 0.9925, and if the pair breaks above this level, the momentum becomes bullish. Overall, USD/CAD traded with a low of 0.9823 and with a high of 0.9918. No major economic data is expected today.

USD/CAD - Last: 0.9884

Resistance

0.9920

Support

0.9880

0.9840

0.9820

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