ForexLive Asia FX news wrap: Oil, CAD lose ground

Forex news for Asia trading
Tuesday 14
July 2020
– – travel restricitons

CAD was a loser during the
session, weakening alongside the lower oil price as the Asian morning
progressed. The background to lower oil prices are concerns that the
escalation in the coronavirus outbreak in the US will dampen deamnd
(it difficult to argue this is a fresh catalyst though).