Open Demo Account
Home / Market Update / Forex Market / CAD Declines to Month-Low

CAD Declines to Month-Low

M. Ali 29 October, 2020 8:25 pm Forex Market, Market Update

The Canadian Dollar (CAD) declined on Thursday against its US counterpart (USD) to its lowest level in about a month.

This comes as the USD is recovering across the board, while the CAD remains hit by the falling oil prices.

The USD/CAD is trading higher for the day by 0.24% at 1.3355.

The pair has been moving through the day between a low of 1.3278 and a high of 1.3390, after closing Wednesday at 1.3324.

Tags

Check Also

European Stock Markets Mixed Amid Chinese Support and Focus on Trump’s Davos Speech

European stock markets traded with mixed results on Thursday, with investor sentiment buoyed by fresh …

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