Canada housing data for Feb and Mar 2018 on 10.04.2018
- prior revised to 5.2%
- Also out earlier
Canada Mar 2018 Housing starts YoY 225.2K vs 219K expected
Prior 229.7K , revised to 231K
Cad’s been gradually strengthening again today, now below the 1.2685-00 area which should act as a resistance. Potentially preparing a visit of the next support line at 1.2584.To the existing EURCAD short, I’ve added small USDCAD short this morning @ 1.2665 with a stop just above 1.2685 in case something nasty comes out of Nafta.
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