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Loonie hitting the skids again as oil price continues to fall

Discussion in 'Market News' started by ForexLive, Dec 11, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    It's been a torrid time for the Canadian $ since OPEC failed to come to the aid of commodity currencies last week We've posted new USDCAD 11-year lows ( stop me if you've heard that one before) of 1.3680 as oil posts 7-year lows of Brent $38.90 and WTI $36.12 after the IEA warned of worse glut to come. Posted

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