Canadian Dollar Advances On Higher Oil Prices

Date : 12/16/2019 @ 7:10AM
Source : RTTF2
Stock : United States Dollar vs Canadian Dollar (USDCAD)
Quote : 1.32865  -0.0001 (-0.01%) @ 1:12PM
US Dollar vs CAD share price Chart

Canadian Dollar Advances On Higher Oil Prices

US Dollar vs CAD (FX:USDCAD)
Forex Chart

3 Months : From Nov 2019 to Feb 2020

Click Here for more US Dollar vs CAD Charts.

The Canadian dollar appreciated against its most major counterparts in the European session on Monday, as oil prices rose on strong China data and receding trade fears.

Crude for February delivery rose $0.02 to $60.00 per barrel.

The U.S. and China struck an interim trade deal, which includes suspending planned tariffs on Chinese goods as well as scaling back existing tariffs in exchange for Chinese structural reforms and purchases of U.S. goods.

President Donald Trump called the phase one deal an "amazing deal for all" and said negotiations on a phase two deal would be begin "immediately, rather than waiting until after the 2020 election."

The loonie climbed to a 10-day high of 1.4621 against the euro and near a 6-week high of 1.3128 against the greenback, from its early lows of 1.4669 and 1.3186, respectively.

Reversing from an early low of 82.89 against the yen, the loonie edged higher to 83.36.

The next possible resistance for the loonie is seen around 1.44 against the euro, 1.30 against the greenback and 85.00 against the yen.

Latest USDCAD Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20200225 13:27:35