FX & CFD trading involves significant risk
On Wednesday, USD/CAD has fallen amid spike traction for risk, tossed up CAD and other commodity currencies. Pair lost more than 100 points., Down from session highs (0.9946) 0.9840 to a new low and is now trading near 0.9850 (-0.8% from the opening price).
Now investors are expected to publish a report in 15.00 GMT on ISM manufacturing activity for December, which may give them a reason to think about the next step, the Fed. According to the forecast, the index is expected to return to the zone of expansion, from 49.5 to 50.2.
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