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No love for the Loonie this week as geopolitical sentiment dragged oil prices and the Canadian dollar to levels it couldn’t fully recover from, despite some positive comments from the Bank of Canada.

Overlay of CAD Pairs: 1-Hour Forex Chart
Overlay of CAD Pairs: 1-Hour Forex Chart
CAD Weekly Performance from MarketMilk
CAD Weekly Performance from MarketMilk

Canadian Headlines and Economic data

Tuesday:

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

Wednesday:

Thursday:

Friday: