Usd/Cad
The positive reading, to a larger extent, was negated by the disappointing release of core durable goods orders, which fell 0.1% as against 0.2% rise expected and eventually did little to impress the US dollar bulls or provide any impetus to the major.
Meanwhile, the bid tone surrounding the USD remained unabated in the wake of a turnaround in the global risk sentiment, which allowed the US Treasury bond yields to stage a solid intraday recovery from the lowest level in more than three months.