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Canada: Trade deficit rose to $1.31 billion in August

FXstreet.com (Edinburgh) - Canadian trade deficit has widened to $1.31 billion during August, up from July’s deficit of $1.19 billion (revised). Market consensus was expecting a deficit of $0.70 billion. Exports rose to $39.77 billion while Imports followed suit rising to $41.08 billion.

USD/CAD erases gains after Canadian data

The USD/CAD extended its downward correction and completely erased intraday gains at the beginning of the American session after data showed Canadian housing starts grew more than expected in September.
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