Forex: USD/CAD reacts slightly up after US Data

FXstreet.com (San Francisco) - After trading at 1-month lows at 1.0065, the Dollar is moving slightly up against its Canadian counterpart on the back of weak housing, leading index and Philly fed data in the United States.

The USDCAD is trading at 1.0085 after rising 20 pips in the minutes following the US data. Pair is falling 0.15% so far today.

Existing Home Sales in US dropped 5.4% to 4.37M in June, leading Indicator decreases 0.3% and the Philadelphia Fed Manufacturing index improved to -12.9 in July.