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The Canadian dollar spent most of the week in the red and nearly closed as the biggest loser on weak oil prices, unemployment fears, and a surprise rate cut 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

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: