The USD may be supported by the releases
The United States anticipates the release of headline and core durable goods orders on May 24, at 15:30 MT time.
USD/CAD dives notwithstanding dismal Canadian data
On Monday, the greenback dived versus its Canadian rival notwithstanding the publication of dismal Canadian data because the American government shutdown kept dampening demand for the US currency.
The currency pair USD/CAD slid 0.29% being worth 1.2457.
On Monday, Statistics Canada informed that in November wholesale sales edged up 0.7%, confounding hopes for a soar of 1%.
In October, wholesale sales tacked on 1.6%, whose figure was updated from a previously evaluated 1.5%.
However, the US currency was still under pressure because the American government shutdown was still lasting on Monday after the Senate didn’t manage to reach a deal Sunday night to finance government operations.
US lawmakers have been struggling to reach a deal on immigration. The given issue is considered to be important to breaking that deadlock.
As for the Loonie, it gained versus the common currency, with EUR/CAD losing 0.10% being worth 1.5256.
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Does the British pound have any chance?
As the Brexit situation does not become any brighter, the British pound suffers, too.
A chance for the British pound
Great Britain will release the level of CPI on May 22, at 11:30 MT time.
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RBNZ Meeting
The Reserve Bank of New Zealand will hold a meeting at 00:00 MT time on August 9.
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