• USD / CAD traded near parity after data

Market news

30 October 2012

USD / CAD traded near parity after data

 

 

 

The Canadian dollar is still trading around the level of parity against the dollar, has not changed much since the last economic reports showing that in September the prices of Canadian producers increased by 0.1%, while prices in the U.S. rose more than expected.

Yesterday, USD / CAD struck 1.0000 the first time in three months amid risk aversion, reaching a high of 1.0018 earlier, then stabilized around the psychological mark was down 0.1% on the day.


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