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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.

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