Tag: Canadian LoonieSort
U.S Dollar Drops Against the Loonie, Unemployment Claims Higher
The U.S dollar drops against the Canadian Loonie, as the U.S unemployment claims are higher than expected. Unemployment claims came out at 417K, but was forecasted to be at 403K this week. Intraday bias for the USD/CAD remains on the upside, as long as the 0.9600 minor support line is not broken.