The Traderszone Network

Published in TZ Latest News 8 September, 2015 by The TZ Newswire Staff

USD/CAD bounces as oil slumps

Early gains in oil quickly reversed
The Canadian dollar is in focus this week with the Bank of Canada meeting tomorrow.
USD/CAD fell as far as 1.3200 but bids were lined up there to halt the decline. At the same time, oil prices began to reverse a rise to $45.94 and have sunk to $44.65.