USD/CAD bulls staying put with eyes on 1.3520 USDCAD Currencies Fed BOC
CAD is under pressure, consolidating at fresh cycle lows vs. the US Dollar.
In other related market events, crude oil and gasoline prices on Thursday posted moderate losses..Canada sends about 75% of its exports to the, including oil. Demand concerns weighed on crude prices as Thursday's weaker-than-expected economic news from China and the US, the world's two biggest crude consumers, sparked fears about a slowdown in the global economy that is bearish for energy demand.
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