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USD/CAD Loonie Rises After US Oil Inventories Shrinks

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar has reversed some of the week's earlier losses after the release of the U.S. crude inventories at 10:00 am EDT on Wednesday. The Energy Information Administration (EIA) issued the latest weekly report that showed inventories shrunk by 3.4 million barrels. The forecast called for a 500,000 to[​IMG]

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