The currency pair surged on Thursday and broke out 1.2594. USD/CAD stays above this level at press time.

Closest support areas: 1.2594, 1.2552, 1.2509

Closest resistance areas: 1.2631, 1.2669, 1.2697

Macroeconomic data

CAD

IPPI m/m

RMPI m/m

USD

Core PCE Price Index m/m

Goods Trade Balance

Personal Income m/m

Personal Spending m/m

Prelim Wholesale Inventories m/m

Chicago PMI

Revised UoM Consumer Sentiment

Revised UoM Inflation Expectations