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Canadian Economy In The Red, German ZEW On The Rise

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 15, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar has been the biggest loser against the US dollar; over the month of December the loonie fell 2.43% against the greenback. USD/CAD spiked to 1.3781, the highest level since June 2004. We expect the loonie to remain under selling pressure against the backdrop of falling crude oil[​IMG]

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