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June 24, 2023
A quick look at yesterday: with a daily low of 1.3178, USD/CAD closed yesterday at 1.3182, after ending Thursday at 1.3151 and gaining 30 pips (0.23%).
Meanwhile, United States Services PMI released yesterday at 13:45 UTC with a figure of 54.1, while the previous figure was 54.9. United States CFTC Crude Oil speculative net positions came out at 166,500. Fresh CFTC Gold speculative net positions data from United States came out at 163,000.
Other currencies are also rising as USD/SGD rallies 0.59% yesterday and closed at 1.3445.
Meanwhile, AUD/USD lost 1.22% yesterday and closed at 0.676. After ending yesterday's session at 1.0959, EUR/USD lost 62 pips and is trading around 1.0896.
The currency pair has been trending lower for about 29 days. After setting a supportive marker at 1.1321 around 7 months ago, US Dollar-Canadian Dollar is now trading 16.16% higher.
