CANADIAN HOME SALES WERE THE HIGHEST EVER IN 2020 DESPITE COVID-19

The national average price rose 17.1% year over year in December

CAD/USD (CADUSD=X)

CCY - CCY Delayed Price. Currency in USD

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0.7841-0.0014 (-0.17%)

As of 10:38PM GMT. Market open.

FX Empire
Economic Data from China to Set the Tone for the Day
With the U.S markets closed, economic data is on the lighter side later today. China’s 4th quarter GDP numbers and COVID-19 news updates will be in focus.
FX Empire
USD/CAD Daily Forecast – U.S. Dollar Rebounds Ahead Of The Weekend
USD/CAD failed to settle below 1.2625 and rebounded back above 1.2700.
Reuters
Canadian dollar drops, posts weekly decline on greenback short-covering
The Canadian dollar was trading 0.8% lower at 1.2732 to the greenback, or 78.54 U.S. cents, pulling back from a near three-year high on Thursday at 1.2621. "It has primarily been some covering of short U.S. dollar positions," said Bipan Rai, North America head of FX Strategy at CIBC Capital Markets. "It's a move in line with what we have seen in other currencies ... So it's not the Canadian dollar on its own."