US January Dallas Fed Manufacturing Business Index improves to 3.8 vs 3.7 (February)

Jan 27, 2014

USD/CAD erases daily losses

The USD/CAD managed to trim intraday losses after falling to a 4-day low at the beginning of the New York session.

After testing the 102.90 area in the opening bell, the USD/JPY was rejected by this level and it declined to trade below the 102.50 area.