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May 30, 2023
USD/CAD is down to 1.3579, after ending yesterday at 1.3585. Overall, a 0.05% loss or 6 pips today.
In the meantime, negative performances are seen in other pairs, USD/JPY is down 29 pips from the beginning of the session and now trades around 140.09. EUR/JPY closed at 150.15 (down 0.12%). GBP/JPY closed at 173.21 (down 0.13%).
In addition, Canada GDP is projected to outperform its last figure with 0.2%. It previously stood at 0.1%; data will be released tomorrow at 12:30 UTC.
Furthermore, Canada GDP is projected to outperform its last figure with 2.8%. It previously stood at 2.07%; data will be released tomorrow at 12:30 UTC. Canada Current Account (Q1) is scheduled for 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 20% higher.
