6 Jun 2013
USD/CAD slumps to levels sub-1.0200
FXstreet.com (Córdoba) - The USD/CAD lost over 150 pips in a matter of minutes and fell to fresh lows sub 1.0200 as the greenback gets hammered across the board.
With no clear catalyst, the USD slumped versus most competitors, with USD/CAD accelerating to a 3-week low of 1.0197 before bouncing slightly. At time of writing, the pair is trading at the 1.0220 zone, where it records a 1.2% loss on the day.
With no clear catalyst, the USD slumped versus most competitors, with USD/CAD accelerating to a 3-week low of 1.0197 before bouncing slightly. At time of writing, the pair is trading at the 1.0220 zone, where it records a 1.2% loss on the day.