The Canadian dollar would've probably appreciated against its southern counterpart even if it wasn't for the Fed’s ambivalent comments. Strong numbers came from beyond the northern border, with the BOC Overnight Rate, Manufacturing sales and core CPI all leading to the strengthening of the CAD. The dollar shows broad weakness and is not just the tapering of quantitative easing that influences its movement. Put options that expire at the end of the week on the USD/CAD pair should benefit binary options traders.

Canadians win war of the USDCAD  this week
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