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May 15, 2023
Trading lower, USD/CAD is currently down 11 pips as it ranges between 1.3478 and 1.3567 so far today.
Positive performances can be seen by looking at other currencies as EUR/JPY is up 0.44%. GBP/JPY is up 0.45%. USD/JPY climbs 0.31% to trade around 136.16.
Furthermore, Canada Core Consumer Prices is expected tomorrow at 12:30 UTC. Canada Manufacturing Sales (MoM) (Mar) is expected tomorrow at 12:30 UTC. Canada Wholesale Sales (MoM) (Mar) will be released today at 12:30 UTC.
Having established significant support at 1.1321 approximately 6 months ago, US Dollar-Canadian Dollar's share price has bounced 19.67% higher.
