Partner Center Find a Broker

The Loonie was a mixed performer until we saw a late rally supported by oil and Middle East tensions to put it near the top at the end of the week!

Overlay of CAD Pairs: 1-Hour Forex Chart
Overlay of CAD Pairs: 1-Hour Forex Chart

Canadian Headlines and Economic data

Monday:

Overlay of CAD Pairs & Oil (Black Line): 1-Hour Forex Chart
Overlay of CAD Pairs & Oil (Black Line): 1-Hour Forex Chart

Tuesday:

Thursday:

Friday:

  • Reports of Iran test-firing a medium-range ballistic missile may have been a contributor to oil staying positive into the weekend, possibly giving the Loonie the small broad lift higher against the majors before the end of the U.S. trading session.