The Canadian Dollar is adrift on a thin market at the start of the trading week. Canada’s Remembrance Day holiday has most provinces out of the office for Monday. The economic calendar is sparse this week, little Canadian data on offer. The Canadian Dollar (CAD) is finding little momentum in thin holiday markets, with the majority of Canadian provinces and territories taking the day off in observance of Remembrance Day.
There’s little of note on the economic data docket for the CAD this week, and the Loonie will be at the whim of overall market sentiment as the trading week unwinds. Daily Digest Market Movers: Canadian Dollar shifting around a base of thin bids for Monday Monday momentum is limited, capping momentum in either direction to kick off the early trading week. There is a notable lack of viable economic data on offer for CAD traders this week. Loonie to trade according to market flows with a hefty US data schedule slated for this wee