Uncertain week for the Canadian dollar

By Ricky Bean October 9th, 2015

Canada had mixed fortunes this week, thanks to varied data releases. Tuesday and Wednesday brought ill fortune as the trade balance and Building Permits failed to reach expectation, causing the Canadian dollar to breach 2.00 against sterling once again. Improved results yesterday in the National Population Health Information (NPHI) has briefly strengthened the Canadian dollar.

Today is another important one for the Canada, with the Employment Change and the unemployment rate out at 1.30pm.

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.

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Uncertain week for the Canadian dollar

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