<p>For the 24 hours to 23:00 GMT, the USD rose 8.32% against the CAD and closed at 1.4127. On the data front, Canada’s international merchandise trade deficit unexpectedly narrowed to C$0.
USD/CAD may continue to track the June range ahead of the Bank of Canada (BoC) rate decision on July 15 as the central bank is expected to retain the current policy.
Leave a Comment