Canadian Dollar lower amid falling oil, stronger Dollar

Note: This section contains information in English only.
Source: WBP Online
The Loonie was under pressure from the US Dollar on Friday, as trader focal point was on the possible rate hike in September. The Greenback rose 0.25% to 1.3031 against the Canadian Dollar by 8:10 AM GMT.  Moreover, the Loonie was further pressured by the slipping oil prices that traded below the important $48 a barrel level. In addition, the recent selloff in commodities has weakened the Canadian currency. 
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Fri, 31 Jul 2015 11:19:27 GMT

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