{"id":42321,"date":"2021-03-02T21:06:17","date_gmt":"2021-03-02T17:06:17","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42321"},"modified":"2021-03-02T21:06:19","modified_gmt":"2021-03-02T17:06:19","slug":"cad-rises-despite-declining-oil-prices-on-usd-losses","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cad-rises-despite-declining-oil-prices-on-usd-losses\/03\/02\/market-updates\/","title":{"rendered":"CAD Rises Despite Declining Oil Prices on USD Losses"},"content":{"rendered":"\n<p>The Canadian Dollar (CAD) rose against its U.S. counterpart despite the decline of crude oil prices, after data showed that Canada\u2019s real Gross Domestic Product (GDP) expanded by 0.1% in December, which came below market expectations.<\/p>\n\n\n\n<p>Figures published by Statistics Canada showed on Tuesday that the November reading was revised up to 0.8% from 0.7%.<\/p>\n\n\n\n<p>Meanwhile, the U.S. Dollar (USD) is declining across the board, amid a retreat in Treasury yields.<\/p>\n\n\n\n<p>The USD\/CAD pair is trading lower for the day by 0.27% at 1.2612. The pair has been moving today in a range between 1.2611 and 1.2698, after closing Monday at 1.2646.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian Dollar (CAD) rose against its U.S. counterpart despite the decline of crude oil prices, after data showed that Canada\u2019s real Gross Domestic Product (GDP) expanded by 0.1% in December, which came below market expectations. Figures published by Statistics Canada showed on Tuesday that the November reading was revised up to 0.8% from 0.7%. &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31565,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6889,6871],"class_list":["post-42321","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-cad","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42321"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42321\/revisions"}],"predecessor-version":[{"id":42322,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42321\/revisions\/42322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31565"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}