The U.S. dollar clipped losses against the Canadian dollar on 25th March 2014 pulling back from session lows later official data presented those U.S. orders for extended lasting manufactured goods originated in higher than forecast in February 2014.
USD/CAD drawn away from 1week lows of 1.1124, to trade at 1.1161, unmoved for the day. The pair was likely to find provision at 1.100 and resistance at 1.1209, Tuesday’s high. The loonies was sophisticated against the euro, with EUR/CAD down 0.26% to 1.5396.
U.S. dollar previous in the session as conjecture that China could implement new economic incentive actions boosted risk appetite.
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