Canadian Dollar Forecast: Declining Infections, Oil Prices to Buoy CAD
Canadian Dollar Forecast: Declining Infections, Oil Prices to Buoy CAD 2021-02-11 07:30:00 Daniel Moss, Analyst Canadian Dollar, CAD/JPY, USD/CAD, Crude Oil, Coronavirus Infections – Talking Points: The US Dollar continued to lose ground during APAC trade after last night’s underwhelming CPI figures. Falling Covid-19 cases and resilient oil prices may underpin the Canadian Dollar. CAD/JPY poised to extend recent gains while USD/CAD is eyeing a push to retest the yearly low. Advertisement Asia-Pacifi...
Source: dailyfx.com