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Canadian Dollar loses momentum at key levels heading into December

The Canadian Dollar (CAD) kicked off the December trading month on soft footing, snapping a four-session winning streak and skidding to a halt near key moving averages against the US Dollar (USD).
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Euro clings above 1.1600 as Dollar softens amid quiet data lull

EUR/USD clings to the 1.1600 mark posting modest gains of over 0.15% on Monday as the Greenback tumbles following hawkish remarks by Kazuo Ueda, Bank of Japan Governor. A light economic docket in both sides of the Atlantic boosted the Euro’s prospects.
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