Thursday, June 25, 2009

Rising oil prices has supported the Canadian currency

As the rising price of oil has supported commodity currencies, a pair of dollar / Canada fell from the maximum of the session at 1.1634 and is now trading near 1.1600 marks. Currency strategists from RBC Capital Markets put resistance in a pair of U.S. / Canada levels 1.1655, 1.1814 and 1.2007. As a mark of 1.1582 supports mentioned, 1.1477 and 1.1355. At this time, a pair of dollar / Canada is at 1.1590.

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