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June 25, 2023
Friday at a glance: US Dollar-Canadian Dollar went up to 1.3167 Friday, gaining 0.12%.
Elsewhere, other currency pairs are also gaining ground as notably, USD/SGD rose 0.54% Friday and closed at 1.3445. EUR/AUD moves up 0.66% Friday and closed at 1.6214.
Meanwhile, AUD/USD is down to 0.6684, losing 76 pips, after ending the previous session around 0.676.
The market is looking forward to the release of new data: Canada Manufacturing Sales (MoM) is expected tomorrow at 12:30 UTC. Canada Wholesale Sales (MoM) will be released tomorrow at 12:30 UTC.
The currency pair has been trending lower for about 29 days. US Dollar-Canadian Dollar is now trading 16.16% away from its significant low of 1.1321 first tested 7 months ago.
