Open Demo Account
Home / Market Update / Forex Market / CAD Rises to Highest Level in Two Months

CAD Rises to Highest Level in Two Months

M. Ali 5 November, 2020 6:41 pm Forex Market, Market Update

The Canadian Dollar (CAD) rose against its US counterpart (USD) on Thursday to its highest level in eight weeks.

This comes as the USD declined across the board amid the continued uncertainty surrounding the outcomes of the presidential elections.

The CAD is up by 0.56% against the USD, with the USD/CAD trading at 1.3063.

The pair has been moving in a range between 1.3053 and 1.3178, after closing Wednesday at 1.3136.

Tags

Check Also

Fed Minutes Deliver a Clear Message: Rates on Hold, Policy Path Wide Open

The Federal Reserve’s January 2026 policy minutes confirm a central bank committed to patience, flexibility, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends