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Canadian Dollar Under Pressure as US Inflation Dips

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The Canadian dollar has posted more gains on Tuesday, but is under pressure in the North American session. USD/CAD is currently trading at 1.2840. On the release front, it's a busy day. Canadian Manufacturing Sales gained 0.8% in June, matching the forecast. This was an impressive rebound after a decline[​IMG]

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