• USD / CAD disregarded the U.S. and Canada data

Market news

6 December 2012

USD / CAD disregarded the U.S. and Canada data

 

 

Pair USD / CAD hardly reacted to the weekly report on the U.S. labor market, according to which the number of applications for unemployment benefits dropped to 370 thousand, lower than forecast. In addition, in October, the number of building permits in Canada increased by 15% m / m vs. -12.7% in September. The next release will be the Canadian Ivey PMI, and then review of the Bank of Canada. Currently the pair is trading at 0.9910 area.


 

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