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USD/CAD Loonie Continues Downward Trend As US Oil Inventories Expand

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The loonie depreciated versus the U.S. dollar on Wednesday by 0.529 percent in the last 24 hours. The USD/CAD touched session highs of 1.4380 after the Department of Energy released crude oil inventories showed a a 230,000 gain when more than 2 million was expected, but the real insight on[​IMG]

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