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United States Capacity Utilization registered at 75.9%, below expectations (77.3%) in September

United States Industrial Production (MoM) came in at 0.1%, above forecasts (0%) in September

United States Industrial Production (MoM) came in at 0.1%, above forecasts (0%) in September
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USD/CAD declines as soft ADP report reinforces dovish Fed outlook

The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Wednesday as the Greenback remains under broad pressure amid a firmly dovish Federal Reserve (Fed) outlook. At the time of writing, USD/CAD is trading around 1.3950, edging close to one-month lows as bearish momentum builds.
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