Canadian Dollar Rallies on Higher Oil Prices and Mixed CPI Data

Feb 27,2019 19:53   Source:Earnforex
The Canadian dollar today rallied higher against its southern neighbor driven largely by rising oil prices during the European session. The loonie extended its gains in the early American session after the release of mixed Canadian inflation data to drive the USD/CAD currency pair to new daily lows. The USD/CAD currency pair today dropped from a high of 1.3176 to a low of 1.3114 in the American session before retracing some of its losses. The currency […]

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