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USDCAD Soars on Weak Canadian Factory Sales, Dollar Strength Continues

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Canadian dollar weakened against the US dollar as factory sales fell 3.0% in March, missing expectations of 3.5% growth.
  • However, April housing starts exceeded forecasts at 279,300 units versus 240,000 expected.
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Stored market data

USDCAD price history

1.39 +0.72% over the displayed period

Advisor Snapshot

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