CAD Supported by Energy Price Strength. Strong Job Market and Inflation Lifted Yields

<p>Falling to the weakest level since August, USDCAD was the worst performer amongst majors (CAD best performer against USD). Loonie’s rebound was driven by energy prices and strong job data. Elevated inflation also has again heightened speculations about BOC’s rate hike. The major driver of loonie’s strength was energy price. Crude oil price rallied as […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/special-topics/408470-cad-supported-by-energy-price-strength-strong-job-market-and-inflation-lifted-yields/">CAD Supported by Energy Price Strength. Strong Job Market and Inflation Lifted Yields</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>