{"id":51818,"date":"2021-10-04T19:22:00","date_gmt":"2021-10-04T15:22:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=51818"},"modified":"2021-10-04T19:22:07","modified_gmt":"2021-10-04T15:22:07","slug":"canadian-dollar-climbs-to-4-week-high-as-oil-jumps","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/canadian-dollar-climbs-to-4-week-high-as-oil-jumps\/10\/04\/market-updates\/","title":{"rendered":"Canadian dollar climbs to 4 week high as oil jumps"},"content":{"rendered":"\n<p>The Canadian dollar strengthens 0.7% against the U. S. counterpart. The Canadian currency has touched its strongest level since 7 September 1.2561 as U.S. oil price has climbed by 3% and the Canadian bond yields rise across a steeper curve.<br><br><\/p>\n\n\n\n<p>The Canadian dollar on Monday strengthened to its highest level in nearly four weeks against its U.S. counterpart as the price of oil, one of Canada&#8217;s major exports, rose and the USD gave back some recent gains against major rivals.<br><br><\/p>\n\n\n\n<p>Oil advanced as sources said that OPEC+has agreed to stick to the existing production agreement despite pressure from consumers to cool a red hot market.<\/p>\n\n\n\n<p>The U.S. crude prices were up 3% at $78.19 a barrel, while the U.S. dollar declined against a basket of currencies. Losses for the U.S. dollar came after four consecutive weeks of increases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian dollar strengthens 0.7% against the U. S. counterpart. The Canadian currency has touched its strongest level since 7 September 1.2561 as U.S. oil price has climbed by 3% and the Canadian bond yields rise across a steeper curve. The Canadian dollar on Monday strengthened to its highest level in nearly four weeks against &hellip;<\/p>\n","protected":false},"author":13,"featured_media":37275,"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":[38,37,36],"tags":[7435,7436,6871],"class_list":["post-51818","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-canadian-dollar","tag-crude-oil","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51818","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=51818"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51818\/revisions"}],"predecessor-version":[{"id":51858,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51818\/revisions\/51858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/37275"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=51818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=51818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=51818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}