Forex: USD/CAD indifferent after data US, Canada data

FXstreet.com (Barcelona) - The cross has posted almost no reaction after the weekly report on the US labor market showed that Initial Jobless Claims fell to 370, below expectations. Continuing with the data, Canadian building permits jumped 15% on a monthly basis during October, far better that September's contraction of 12.7%.

Next on tap will be the Ivey PMI in Canada, followed by the BoC Review.

At the moment, the cross is losing just 0.02% at 0.9915 with the next support lying at 0.9895 (38.2% of 0.9633-1.0057) followed by 0.9889 (Lower Bollinger) and then 0.9875 (low Nov.7).
On the upside, a break above 0.9930 (MA10d) would clear the way to 0.9955 (high Dec.4) and then 0.9962 (high Nov.28).