| 
June 04, 2023
A quick look at Friday: US Dollar-Canadian Dollar dipped as low as 1.3403 before recovering some lost ground. However, the rebound failed to push the stock to where it started the session (1.3449) with USD/CAD closing the day at 1.3426.
US Dollar-Canadian Dollar's value drop coincided with the fact that after ending Friday's session at 1.637, EUR/AUD lost 158 pips and is trading around 1.6211. EUR/CAD is down to 1.4371, losing 98 pips, after ending the previous session around 1.4469.
Positive performances can be seen by looking at other currencies as USD/JPY went up by 0.84% Friday, and closed at 139.97.
Furthermore, United States ISM Non-Manufacturing PMI (May) is expected tomorrow at 14:00 UTC. United States Services PMI is expected tomorrow at 13:45 UTC.
After setting a supportive marker at 1.1321 around 6 months ago, US Dollar-Canadian Dollar is now trading 18.76% above this level.
