Markets

Canadian Jan housing starts 165.9K vs 187.5K exp

Early release of CMHC data due Monday

  • Prior was 127.5K

The CMHC noted that in the prairies (where the oil is) housing starts fell to a four-year low.

USD/CAD is up 126 pips today and it's about fundamentals rather than oil.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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