Canadian Dollar Firm As Crude Oil Rallies More than 1%

Mar 12,2019 01:16   Source:Earnforex
The Canadian dollar was generally strong on Monday, likely due to the rally of crude oil prices. The loonie often follows moves of the commodity because it is Canada’s biggest source of export revenue. Crude rallied more than 1% during the Monday’s trading session. Prices surged after Saudi Arabia announced it is going to cut its oil output below 10 million barrels per day in an attempt to help […]

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