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Markets generally unchanged, so is the USDCAD

By MoneyWay | Mar 14, 2019

Reports that a meeting between President Donald Trump and President Xi Jinping to sign an agreement to end their trade war won’t occur this month and is more likely to happen in April at the earliest, has left markets a little gun shy and now are in a wait and see mode.  Concerns that Trump could still walk away from the actual talks overhangs markets leaving uncertainty for traders.

The USDCAD is unchanged, and will likely stay that way till tomorrow’s  Canadian Manufacturing Sales, however, although interesting, it’s not deemed to be a market mover. 

                      

Currently             Close                     Range

USDCAD               1.3325                   1.3302                   1,3287-1.3347   

EURCAD               1.5061                   1.5067                   1.5051-1.5090

GBPCAD               1.7680                   1.7741                   1.7603-1.7746

                                                                                                Prior                      Actual

US:  Jobless Claims wk3/9                                             223K                      229K

        New Home Sales January                                     621K                      607K

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