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United States Factory Orders (MoM) registered at 0.2% above expectations (-0.4%) in February

FXStreet.com (Barcelona)

USD/CAD drops below 1.26

The recovery in the crude prices from the daily lows, coupled with the decline in the Canadian trade deficit pushed the USD/CAD pair below 1.26 levels.
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Is the Dollar strength overdone? – MP

Dean Popplewell, Director of Currency Analysis at MarketPulse, is of the view that some investors have raised a question regarding dollar’s strength, with the USD rising 28% against the EUR in the past 11 months, and further discusses about the expectations surround tomorrow’s NFP release.
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