Hello Traders,
Being Canadian Traders, I always been asked: “what is going on with CAD?”. I think the chart speaks for it self. CAD is losing strength and slowly moving higher. This is also depending on WTI Oil price which right now remain in range 47.25 – 48.5 and it does not look like is going to move over that range any time soon.
Cheers,
Jim
USDCAD

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