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Canadian Dollar rides market churn as dust settles post-Fed

From fxstreet.com

The Canadian Dollar (CAD) found room to breathe as the US Dollar (USD) eases following the Federal Reserve (Fed) keeping close to the script in regards to the rate outlook. Canada saw a minor tick down in its S&P Global Manufacturing Purchasing Managers Index early in the American trading session, but market momentum remains tepid. US data stands front and center in the midweek market session, with another US Nonfarm Payrolls (NFP) Friday looming at the end of the week. The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the strongest ... (full story)

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  • Category: Technical Analysis