Today News: USD/CAD [12 Nov 2021] -FXsources

Reaches above 1.2500

The high volatility period of the USD/CAD currency exchange rate

with a surge to the 1.2500 level, the zone that surrounds it

Loonie Hits Five-Week Low on
Strong Greenback

The Canadian dollar hit its lowest level in

five weeks against the U.S. counterpart

USD/CAD runs up to five-week highs as dollar
advance against commodity

Commodity currencies are bearing the brunt of the drop in the

FX space today, being punished with the dollar pushing higher

CAD seen hitting 1.4% or $45 bn

India's widening current account deficit (CAD), driven

by the massive spike in commodity prices led

Dollar extends post-CPI gains to
kick start the session

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

FP Markets BROKER REVIEW 2022