Will the Loonie rise up?
Enter the USD/CAD trades according to Canada’s jobs report and the OPEC+ decision
It is difficult to remain strong when you face such strong headwinds as the US dollar and oil. The greenback is now the Forex leader amid the coronavirus pandemic and global recession associated with high demand for safe havens. Furthermore, the Brent and the WTI are down to 18-year lows as the global demand is shrinking, and there is the price war between Russia and Saudi Arabia. One of the victims of these bad conditions has become the Canadian dollar, whose rates have dropped in late March…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>
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