Dollar A.S. / Dollar KanadaPembelian
UCAD: Parallel channel
The Canadian dollar benefitted the least from the risk rally. Although oil prices rebounded, existing home sales and manufacturing sales were weaker than expected. However these reports are not significant enough to explain the currency’s underperformance. Instead, investors are still hopeful that Canada’s economy is going strong and we’re set to learn if that’s true with retail sales and consumer prices scheduled for release.
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