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

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

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Loonie Hits Five-Week Low on
Strong Greenback

The Canadian dollar hit its lowest level in

five weeks against the U.S. counterpart

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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

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CAD seen hitting 1.4% or $45 bn

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

by the massive spike in commodity prices led

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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

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