May 9, 2013
Forex: USD/CAD trading at 1.0031/32 after US jobless claims
The USD/CAD has rebounded nicely outside a trough created during the European session, which effectively bottomed out at 1.0012 (intraday low). With this figure in the rearview mirror, the cross is now steadfastly rising in an attempt to pare yesterday’s losses. In these moments the cross is trading at 1.0031/32 after the dual release of North American data.
Read more
Next