Canadian Building Permits dropped by 6.5%, deeper than 2.9% initially expected. Also last month’s huge rise was slightly revised to the downside – 14.9% instead of 15.3%. This is a significant sign of slowdown in Canada and it sends USD/CAD further off parity. USD/CAD now trades at 1.0077, just above the minor 1.0070 line. The next resistance line is 1.0270. The Ivey PMI is due later in Canada. This is a busy week in Canada. See the cadusd forecast for technical analysis and the upcoming events. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next Forex Social Platforms Provide Transparency Yohay Elam 12 years Canadian Building Permits dropped by 6.5%, deeper than 2.9% initially expected. Also last month's huge rise was slightly revised to the downside - 14.9% instead of 15.3%. This is a significant sign of slowdown in Canada and it sends USD/CAD further off parity. USD/CAD now trades at 1.0077, just above the minor 1.0070 line. The next resistance line is 1.0270. The Ivey PMI is due later in Canada. This is a busy week in Canada. See the cadusd forecast for technical analysis and the upcoming events. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
