The Canadian dollar fell against greenback today as oil prices came under pressure, shrugging off strong economic data.
The Canadian economy revealed today that building permits increased by 6.2% in Sept, higher than forecasts of 2.3%, and the housing starts
rose by 221k units.
In the oil market, WTI fell by 0.8% to $52.2 a barrel as of 16:51 GMT, with a session-high of $53.2 and a low of $51.8.
Brent fell by 0.7% to $57.9 a barrel, with a high of $58.9 and a low of $57.3.
Ahead of the upcoming round of the US-China trade talks launch, with the situation worsening after the US has blacklisted several Chinese tech companies today.
By 16:07 GMT, CAD/USD fell by 0.2% to 0.75, with an intraday high of 0.753 and a low of 0.7494.