Yesterday’s trade saw USD/CAD within the range of 1.1932-1.2117. The
daily high has also been the highest level since April 29th 2009. The
pair closed at 1.2114, gaining 1.47% on a daily basis.
At 8:20 GMT today USD/CAD was down 0.17% for the day to trade at 1.2091. The pair touched a daily low at 1.2074 at 7:00 GMT.
Read more Click Here / www.trade4x.net
At 8:20 GMT today USD/CAD was down 0.17% for the day to trade at 1.2091. The pair touched a daily low at 1.2074 at 7:00 GMT.
Fundamentals
United States
Housing Starts, Building Permits
The number of housing starts in the
United States probably increased to 1.040 million in December from the
seasonally adjusted annual rate of 1.028 million during the prior month.
November’s figure has been influenced by a 5.4% drop in single-family
homes. Single-family housing starts in
November were at a rate of 677 000, or 5.4% below the revised figure of
716 000 in October. The November rate for units in buildings with five
units or more was 340 000, according to data by the US Census Bureau.Read more Click Here / www.trade4x.net
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