- US Existing Home Sales continue to deteriorate and weigh on the US Dollar.
- Retail Sales in Canada dropped, though improved in November, compared with October.
- Fed’s Patrick Harker supports 25 bps rate hike increases to the Federal Funds rate.
USD/CAD is registering moderate losses during the North American session, falling from daily highs nearby 1.3500 after the release of US and Canadian data, bolstering the Loonie (CAD), which is trimming some of its weekly losses. At the time of writing, the USD/CAD exchange hand is at 1.3418, below its opening price.
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