May 8, 2013
Forex: USD/CAD trading at session lows after Canadian housing data
The USD/CAD has recently touched intraday lows at 1.0037 Wednesday, after experiencing a tepid downturn throughout European trading. Indeed, two attempts at the upside – albeit ahead of an afternoon data release – were stonewalled at the 1.0060 region, culminating in a downturn to 1.0037/40 in these moments.
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