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Canadian Dollar settles mostly flat for Tuesday as Crude Oil price gains ease off after Gaza fears

From fxstreet.com

The Canadian Dollar (CAD) traded mostly flat against the US Dollar (USD) through the Tuesday market session, with only minor moves on the top and bottom ends. The pair set an early-day low of 1.3569 before rebounding to 1.3617, and the USD/CAD is now bouncing around the middle, heading into Wednesday's market sessions near 1.3585. Canada's economic data remains thin for the trading week’s release schedule, leaving the CAD exposed to US Dollar flows and broader investor sentiment. Market focus remains firmly planted on the ongoing Gaza Strip escalation following Israel’s ongoing response to Hamas rocket attacks over ... (full story)

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  • Category: Fundamental Analysis