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USD/CAD – Loonie Decouples From Oil Price Fall

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The loonie was not dragged down by a tumble in oil prices and managed to eke out gains after the Canadian and U.S. bond yield spreads narrowed due to the softness of the big dollar. The USD was being sold off in exchange for investors looking for safety and headed[​IMG]

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