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March 16, 2023
USD/CAD is down to 1.3721, after ending yesterday at 1.3762. Overall, a 0.29% loss or 40 pips today.
In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 1.3512, USD/SGD lost 56 pips and is trading around 1.3456.
Positive performances can be seen by looking at other currencies as having closed the previous session at 160.72, GBP/JPY is up 0.63% today to currently trade at around 161.72. EUR/JPY is up 0.51%.
Furthermore, Canada RMPI (MoM) (Feb) scheduled to come out tomorrow at 12:30 UTC. Canada Foreign Securities Purchases (Jan) will be released tomorrow at 12:30 UTC.
The currency pair has been trending positively for about a month. US Dollar-Canadian Dollar is now trading 21.56% away from its significant low of 1.1321 first tested 4 months ago.
