{"id":108131,"date":"2021-02-01T18:18:52","date_gmt":"2021-02-01T18:18:52","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=108131"},"modified":"2021-02-01T18:18:52","modified_gmt":"2021-02-01T18:18:52","slug":"105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\/","title":{"rendered":"USD\/CAD holds to gains at 1.2800 ahead of PMI data"},"content":{"rendered":"<ul>\n<li><strong>USD\/CAD trades mildly higher on Monday.<\/strong><\/li>\n<li><strong>US Dollar Index edges towards 91.00 despite upbeat market mood.<\/strong><\/li>\n<li><strong>Canadian &amp; US Manufacturing PMI data in focus<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">USD\/CAD built on gains from the previous week, edging mildly higher on Monday.<\/span><\/p>\n<p><strong>USD maintains strength in the European session<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The USD appeared to be driving USD\/CAD at the start of the week. The US Dollar Index (DXY) trades at two-week highs around 90.90.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite renewed optimism of additional US fiscal stimulus and improving coronavirus vaccine relations between the EU and the UK, the greenback isn\u2019t struggling finding buyers.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Looking ahead IHS Markit&#8217;s final January Manufacturing PMI figures for both the US and Canada will be eyed. More importantly, the US ISM Manufacturing PMI will be released.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The barrel of West Texas Intermediate (WTI) is trading modestly higher near $52.50, underpinning the commodity-sensitive loonie versus the USD.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/CAD trades mildly higher on Monday. US Dollar Index edges towards 91.00 despite upbeat market mood. Canadian &amp; US Manufacturing PMI data in focus USD\/CAD built on gains from the previous week, edging mildly higher on Monday. USD maintains strength in the European session The USD appeared to be driving USD\/CAD at the start of [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":82480,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1694,1381],"tags":[1680,1398,1869],"class_list":{"0":"post-108131","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cad","8":"category-usd","9":"tag-cad","10":"tag-usd","11":"tag-usd-cad"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/CAD holds to gains at 1.2800 ahead of PMI data - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"USD\\\/CAD holds to gains at 1.2800 ahead of PMI data\",\"datePublished\":\"2021-02-01T18:18:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\\\/\"},\"wordCount\":153,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/usd-cad-exchange-forex.jpg\",\"keywords\":[\"cad\",\"usd\",\"usd\\\/cad\"],\"articleSection\":[\"CAD\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105330-usd-cad-holds-to-gains-at-1-2800-ahead-of-pmi-data\\\/\",\"name\":\"USD\\\/CAD holds to gains at 1.2800 ahead of PMI data - 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