A pickup in the Canadian economy accompanied by slowing job growth in the U.S. may fuel a near-term decline in USD/CAD as the Bank of Canada (BoC) appears to be moving away from its easing cycle, while the Federal Reserve remains in no rush to further normalize monetary policy.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/cad/2016/05/27/-USDCAD-Risks-Further-Losses-on-Upbeat-Canada-GDP-Slowing-U.S.-NFPtofDS.html?DFXfeeds=forex:fundamental:forecast:weekly:cad
USD/CAD Risks Further Losses on Upbeat Canada GDP, Slowing U.S. NFP
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