Open Demo Account
Home / Market Update / Forex Market / USD/CAD Stabilizes Awaiting Moving Factors

USD/CAD Stabilizes Awaiting Moving Factors

M. Ali 10 November, 2020 8:15 pm Forex Market, Market Update

The Canadian Dollar (CAD) declined against the US Dollar (USD) on Tuesday, after rising on Monday to its highest level in about two years, before recovering some of its earlier losses.

The USD/CAD pair is trading lower for by 0.02% at 1.3004.

The pair has been moving in a range between 1.2998 and 1.3051, after closing Monday at 1.3007.

Tags

Check Also

BoJ

Yen Slides Post BoJ Governor’s Dovish Comments

The USD/JPY pair recorded a rise of about 0.2% amid pressure on the Japanese yen …

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