Forex News; Canada Leading indicator rose 0.1%. As expected
Canada Leading Indicators increased by 0.1%. # of 10 components declined. This is the first increase since January but still only the second increase in 7 months. Housing is sttill a drag as is the US Composite. This should be mildly supportive of the CAD which is already getting a boost of late from the higher oil prices. Traders will be watching resistance at 0.9875 area today. Much is dependent on the oil. Today at 10:00 AM crude oil inventory data will be released.
Housing index -1.9%
Bus. service employment 0.3%
S&P / TSX stock index 0.4%
Money supply (M1) 0.4%
U.S. composite -0.2%
Average work wk (manf.) -0.3%
New orders, durables 0.4%
Shipment/ inventory 0.0%
Furniture, appl. sales 0.7%
Other durable sales 1.3%


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