Reaches above 1.2500 The high volatility period of the USD/CAD currency...
The high volatility period of the USD/CAD currency exchange rate with a surge to the 1.2500 level, the zone that surrounds it |
The Canadian dollar hit its lowest level in five weeks against the U.S. counterpart |
Commodity currencies are bearing the brunt of the drop in the FX space today, being punished with the dollar pushing higher |
India's widening current account deficit (CAD), driven by the massive spike in commodity prices led |
USD/CAD is also up to fresh one-month highs of 1.2525 and inching closer towards a test of its 100-day moving average |