1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

USD/CAD Loonie Flies Higher After Oil and Gold Rally

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 25, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Joined:
    Sep 9, 2015
    Messages:
    8,557
    Likes Received:
    1
    Geopolitical tension triggered a surge in crude prices after Turkey confirmed it had shot down a Russian warplane that it alleged was entering Turkish airspace and refused to communicate. The USD/CAD depreciated as the Loonie was supported by the higher price of crude. The USD depreciated 0.521 versus the CAD[​IMG]

    Continue reading...
     

Share This Page