• Pair USD / CAD updated intraday low on statistics from the U.S. and Canada

Market news

17 January 2013

Pair USD / CAD updated intraday low on statistics from the U.S. and Canada


After the release of the block statistics from the U.S. and Canada, USD / CAD weakened by 20 points. As a result, the USD / CAD went into negative territory, updating an intraday low of C $ 0.9845 (-0.12%).

In December, started construction in the U.S. has reached 0.954 million vs. 0.890 million building permits totaled 0.903 million, in line with expectations. Claiming the benefit for the b / p dropped to 335 thousand vs. 365 thousand in Canadian portfolio investment in Canadian securities (in November) reached $ 5.62 million versus expectations of $ 9.45 million

Resistance is expected at C $ 0.9885 and C $ 0.9925. The support is at C $ 0.9835 and C $ 0.9815.


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