Batis Exchange

Category: Currency Exchange

Canadian dollar Faces Pressure as Oil Rally Fails to Provide Traditional Support

The Canadian dollar has shown an unusually weak response to rising oil prices in recent months, prompting some analysts and traders to increase bearish positions against the currency.

Canadian dollar Climbs as Markets Watch Middle East Developments and Inflation Data

The Canadian dollar strengthened against the U.S. dollar on Monday, reaching its highest level in roughly five weeks as investor sentiment improved amid hopes for a diplomatic easing of tensions in the Middle East.