The biggest mover today in percentage terms is GBP/CAD, climbing just less than a half percentage point. BOE Governor Mark Carney met his wife in Britain and that’s probably a big reason why he took the BOE job. He might love her a bit more on Valentine’s Day when he looks at the rip in this pair over the last year.
GBP/CAD daily
Technically, this pair made a minor correction down to a zone of support around 1.80 but it’s quickly turned back higher.
The loonie is soft today because of a pair of weak economic data releases. It was low-tier date but with little else on the calendar, you trade what you have.
Outside of the pound and loonie, it’s shaping up to be a quiet day and many US traders might cut out early with a long weekend looming.