Strong Canada data boosts loonie February 15, 2021SharePrint The Canadian dollar has started the week with gains. Currently, USD/CAD is trading at 1.2643, down 0.40% on the day. It has been a busy start to the week for Canadian fundamentals, after just one event last week. The numbers were much stronger than expected, which has given a boost to the Canadian dollar. Housing Starts jumped from 228 thousand to 282 thousand, an exceptionally high reading. This crushed the estimate of 236 thousand. There was more positive news from Manufacturing Sales, which rebounded with a gain of 0.9% in December, after a read of -0.6% beforehand. This easily beat the street consensus of 0.2%.