Foreign Exchange Rates Canadian Dollar Commentary for 2-May-06

Canadian Dollar Exchange Rate

 

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Currency Exchange Rates

Canadian Dollar Commentary for 2-May-06

Canadian Dollar Commentary
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The Canadian dollar made strong gains vis-à-vis the U.S. dollar today as the greenback tested bids around the C$ 1.1060 level and was capped around the C$ 1.1165 level. Today’s intraday low represents a multi-decade low for the pair. Canadian employment data will be released on Friday. U.S. dollar offers are cited around the C$ 1.1240 level.

SUPPORT   RESISTANCE

 
L1.       1.1100 1.1555
L2.       1.1020 1.1890
L3.       1.0940 1.2000

Foreign Exchange Rates - Canadian Exchange Rate - US Exchange Rate Quote

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