- Canadian Dollar markets flatten out in quiet Monday trading.
- Canada New Housing Price Index due Tuesday, BoC lands Wednesday.
- Churning Crude Oil markets limit CAD losses.
The Canadian Dollar (CAD) saw thin action on Monday to kick off the trading week with limited momentum across the major currency board before a late plunge against the US Dollar (USD). CAD traders will be looking ahead to Wednesday’s rate call from the Bank of Canada (BoC), and markets are set for a blustery Friday to end the week with a fresh print of the US Personal Consumption Expenditure (PCE) Price Index.
The latest New Housing Price Index figures from Canada are due in the early US session on Tuesday but are expected to have a limited impact. In the meantime, downside pressure on the Canadian Dollar is limited on Monday as the…
