Partner Center Find a Broker

The Loonie comes out mixed but net positive in quiet price action this week. With a lack of major catalysts from Canada, the overall gain was likely on the positive global risk sentiment thanks to improving U.S.-China trade deal story, and despite a weak week for oil prices.  Intraday price action seems to have been more influenced by counter currency flows.

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

Monday:

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

Tuesday:

Wednesday:

Thursday:

Friday: