Here’s what’s driving the Canadian dollar higher right now
Read full post at forexlive.com
Two domestic factors are in play
I think we’re seeing some inflows into Canadian oil and gas today because of two big government announcements.
The state of play in oil is very interesting. Canadian crude is landlocked and is trading around $5 barrel right now because of problems with takeaway capacity.
I think we’re seeing some inflows into Canadian oil and gas today because of two big government announcements.
The state of play in oil is very interesting. Canadian crude is landlocked and is trading around $5 barrel right now because of problems with takeaway capacity.