LiteForex - Analytics

    LiteForex

    802.75 8.00/10
    78% of positive reviews
    Real

    USD/CAD: quotes may continue to rise on 11.02.2015

    USD/CAD quotes rose on Tuesday and reached a weekly high at 1.2623. The Canadian currency weakened due to the fall in oil prices in the first place, but a decrease in the consumer prices level in China played an important role too. The latter reached a value of 0.8%,  while a decrease below 1.0% was last recorded in 2009. The lowering inflation may entail decrease in demand, contraction of the manufacturing industry and further decrease in demand for oil and energy resources in China.

    read more >>

    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree