Canada Housing Starts s.a (YoY) above forecasts (198.7K) in November: Actual (211.9K)

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Dec 8, 2015

USD/CAD at fresh 11-year high, as oil drops

The offered tone around CAD gathered pace in the early US session, pushing the USD/CAD to a fresh session high of 1.3606 as oil prices fell into losses.

AUD/USD dips below 0.7200, tests support at 100-day SMA

The Australian dollar has deepened losses versus a stronger greenback, with AUD/USD sliding below the 0.72 mark, also weighed by renewed softness in the commodity complex.