The Canadian Dollar (CAD) broadly shed weight on Monday, declining across the board except for a firm performance against the US Dollar, rising one-third of one percent against the softening Greenback.
The Canadian Dollar gained ground against the US Dollar, but fell elsewhere. Canada set to deliver the latest round of CPI inflation figures on Tuesday. Jackson Hole looms large later in the week. The Canadian Dollar broadly shed weight on Monday, declining across the board except for a firm performance against the US Dollar, rising one-thirdof one percent against the softening Greenback.
Daily candlesticks are set to run aground of the 200-day Exponential Moving Average near 1.3640, and CAD bidders are likely to run out of gas before price action can ease all the way down to 1.3600.
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