USD/CAD seesawed between tepid gains/minor losses on Friday. A modest USD pullback was negated by weaker oil prices. Mixed Canadian retail sales failed to provide any fresh impetus. The USD/CAD pair remained confined in its intraday trading range, around mid-1.3200s, and had a rather muted reaction to Canadian macro data. The pair failed to capitalize on the previous session’s goodish intraday bounce from three-week lows and remained confined in a narrow trading band through the major part of Friday’s trading action. Traders seemed reluctant to place fresh bets Against the backdrop of a modest US dollar pullback from multi-year tops, a sharp fall in crude oil prices undermined the commodity-linked currency – the loonie and failed to provide any meaningful impetus. The pair moved little following the release of mixed Canadian monthly retail sales figures for December, showing that headline sales remained flat as compared to consensus estimates pointing to a 0.1% rise. Conversely, sales excluding automobiles came in better than expected and rose by 0.5%. This along with an upward revision of the previous month’s upward revision helped offset the softer headline print. Market participants now look forward to the US economic docket, featuring the release of flash Manufacturing and Services PMI prints, which might produce some meaningful trading opportunities. Technical levels to watch FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum Price Analysis: ETH/USD is subject to an explosive breakout FX Street 2 years USD/CAD seesawed between tepid gains/minor losses on Friday. A modest USD pullback was negated by weaker oil prices. Mixed Canadian retail sales failed to provide any fresh impetus. The USD/CAD pair remained confined in its intraday trading range, around mid-1.3200s, and had a rather muted reaction to Canadian macro data. The pair failed to capitalize on the previous session's goodish intraday bounce from three-week lows and remained confined in a narrow trading band through the major part of Friday's trading action. Traders seemed reluctant to place fresh bets Against the backdrop of a modest US dollar pullback from multi-year tops,… 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.