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February 25, 2023Yesterday at a glance: with a daily low of 1.3605, USD/CAD closed yesterday at 1.3607, after ending Thursday at 1.3544 and gaining 62 pips (0.46%).
At the same time, United States New Home Sales (Jan) came out at 670,000, while a consensus of analysts was expecting 620,000. Canada Wholesale Sales (MoM) released yesterday at 13:30 UTC with a figure of three, while the previous figure was -0.8. Fresh Manufacturing Sales (MoM) data from Canada came out at 3.9.
Other currencies are also rising as notably, USD/JPY rose 1.37% yesterday and closed at 134.65. USD/SGD leaps up 0.63% yesterday and closed at 1.3421.
Meanwhile, AUD/USD falls 1.23% yesterday and closed at 0.681.
As things stand, US Dollar-Canadian Dollar is 19.64% away from a significant low of 1.1321 first set 3 months ago.
