• Canadian trade data a big miss, skewed by energy prices, big jump auto exports 
  • USD/CAD down hard but maybe too much, USD/CAD 1.2120 paid / 1.2052 given
  • Previous month’s Canadian data was revised down by CAD 1bn
  • Weather impact muddies both data sets  

The material has been provided by InstaForex Company – www.instaforex.com