USD/CAD had difficulty finding its feet last week, and ended the week with modest gains. The pair closed the week at 1.3280. There are only 4 events this week, highlighted by Building Permits. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD.
In the US, employment numbers were mixed, which only complicates things for the Fed, as it mulls over a rate hike. Over in Canada, GDP beat expectations and Employment Change looked sharp.
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