Forex Trading : After falling to 1.2450 area after the Federal Committee meeting on Wednesday, USD / CAD is now progressing beyond the 1.2700 handle.
USD / CAD supported by dollar
Strong tone surrounding the US dollar on Thursday, has raised the exchange rate to session peaks next to 1.2720 while the market participants have already absorbed the tone softens.
On the data front, initial claims came to the United States in line with the consensus at 291 thousand in the week ending March 13, while the current account deficit of $ 113.5 billion in the fourth quarter.