United States CB Leading Indicator (MoM) above forecasts (0.4%) in April: Actual (0.6%)

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May 19, 2016

USD/CAD further gains expected – Scotiabank

Eric Theoret, FX Strategist at Scotiabank, sees the pair gaining further upside traction in the near term.

Morten Helt, Senior Analyst at Danske Bank, believes the pair could accelerate the upside to the 115.00 area in a 3-month view.