USD/CAD 1.2700 mark ahead of US PC
A combination of factors prompted aggressive selling around USD/CAD on Friday. Rising oil prices underpinned the loonie and exerted pressure amid a weaker USD. Traders now eye Canadian GDP/US PCE inflation data for a meaningful impetus. The USD/CAD pair added to its heavy intraday losses and dived to a three-day low, around the 1.2725 region during the early part of the European session. Spot prices extended the...