Canadian Dollar Hovers Near Parity with US Dollar in Forex Trading
Loonie in currency tradingThe Canadian dollar is continuing its status of near parity with the US dollar in forex trading. The two are trading very closely now, and changes in oil prices are affecting the currency pair.
Indeed, because the loonie relies heavily on oil prices in currency trading, the volatility in that area is making traders wary of the USD/CAD currency pair.
See Also
- Canadian Dollar in Forex Trading
Currency trading on the FX market
This entry was posted on Thursday, May 15th, 2008 at 13:56 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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