USD/CAD US Trade Balance and ADP Pressure Loonie

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 4, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The USD/CAD surged higher after the USD positive indicators were released. U.S. trade balance, non-manufacturing ISM and the ADP non-farm private payrolls all came above expectations and gave an edge to the U.S. dollar versus the Canadian counterpart that received support from trade data. After trading in a tight range[​IMG]

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