After three days of going down, US Dollar-Canadian Dollar is stable today, trading around 1.3382

After ending the previous trading day at 1.3371, USD/CAD went up to 1.3406 only to drop back; still positive overall today, now trading at 1.3382.

US Dollar-Canadian Dollar is currently trading at 1.3382 following the release of EIA Short-Term Energy Outlook data from the United States.

At the same time, United States API Weekly Crude Oil Stock released today at 20:30 UTC with a figure of 3.62 million, while the previous figure was -3.94 million. United States 3-Year Note Auction came out at 3.695.

Other currencies are also rising as having closed the previous session at 1.3245, USD/SGD is up 0.2% today to currently trade at around 1.3272.

At the same time, EUR/USD slumps 0.41% to trade around 1.0964. EUR/GBP is down 33 pips from the beginning of the session and now trades around 0.8685.

Positive indicators for US Dollar-Canadian Dollar are expected going forward as United States Crude Oil Inventories expected to decline to -1.6 million while its preceding data was -1.28 million, data will be available tomorrow at 14:30 UTC.

Also worthy of note, Canada Building Permits is expected tomorrow at 12:30 UTC. United States Consumer Price Index figure is projected at 0.4%. It previously stood at 0.1%; data will be released tomorrow at 12:30 UTC.

Having set a significant low of 1.1321 5 months ago, US Dollar-Canadian Dollar is trading 18.1% higher.