{"id":55072,"date":"2021-11-18T00:19:49","date_gmt":"2021-11-17T20:19:49","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=55072"},"modified":"2021-11-18T00:20:08","modified_gmt":"2021-11-17T20:20:08","slug":"usd-cad-records-fresh-highs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-cad-records-fresh-highs\/11\/18\/market-updates\/","title":{"rendered":"USD\/CAD Records Fresh Highs"},"content":{"rendered":"\n<p>USD\/CAD practically touched fresh highs at 1.2610 on Wednesday. The pair could slightly eclipse last week\u2019s 1.2604 high and has since dropped back from session extremes a little.<br><br>Crude oil markets have encountered pressure in recent hours, with WTI and Brent both now down by more than $2.0 during US session each. This has weighed on the oil price-sensitive CAD.<br><br>The Forex market saw an earlier dip back towards the 50-day moving average in the 1.2530s as a buying opportunity. If the pair can break easily above 1.2600, then traders may hunt resistance at 1.2650, recorded on 6 October high.<br><br>CAD\u2019s losses of about 0.25% on the day versus the US dollar make it the second worst performing G10 currency on the day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/CAD practically touched fresh highs at 1.2610 on Wednesday. The pair could slightly eclipse last week\u2019s 1.2604 high and has since dropped back from session extremes a little.Crude oil markets have encountered pressure in recent hours, with WTI and Brent both now down by more than $2.0 during US session each. This has weighed on &hellip;<\/p>\n","protected":false},"author":13,"featured_media":55033,"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":[6889,7437,6936,6871,7015],"class_list":["post-55072","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-cad","tag-g10","tag-oil-prices","tag-usd","tag-usd-cad"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55072","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=55072"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55072\/revisions"}],"predecessor-version":[{"id":55075,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55072\/revisions\/55075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/55033"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=55072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=55072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=55072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}