United States NFIB Business Optimism Index below forecasts (105.2) in April: Actual (104.8)

May 8, 2018

USD/CAD pushes higher to 2-month peaks, 1.30 closer

The greenback keeps the solid pace intact vs. its rivals today and is now lifting USD/CAD to fresh 2-month highs in the 1.2980/85 band. USD/CAD focus

• USD builds on the recent upsurge and continues exerting downward pressure. • Technical selling below 0.70 handle aggravates the selling pre