Canadian Dollar climbs against greenback as crude oil advances

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
The loonie strengthened for a second straight day against US Dollar as crude oil surged and data showed growth in sales twice as much as predicted by economists. Loonie appreciated to C$1.0209 during day but erased part of gains as optimism on ECB cheap loans faded. The Canadian currency gained 0.3% against its US peer to C$1.0266 in Toronto evening session. Currently USD/CAD is trading at C$1.0243.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.