United States Goods and Services Trade Balance below expectations ($-65B) in June: Actual ($-65.5B)

Aug 8, 2023

USD/CAD soars amid resilient US Dollar and weak oil prices

The USD/CAD pair climbs swiftly to near 1.3475 in the European session amid sheer strength in the US Dollar and a sell-off in the oil prices. The Loon

United States Goods and Services Trade Balance below expectations ($-65B) in June: Actual ($-65.5B)

USD/CAD soars amid resilient US Dollar and weak oil prices

Canada Imports declined to $64.43B in June from previous $64.97B