OANDA:USDCAD   U.S. Dollar / Canadian Dollar
The Price continues to descend in a descending channel from a forecast in job creation stats versus the greenback.
Steady oil prices WTI and Brent oil currently heeds the backing of the Canadian currency. A further outlook
of changes in PMI, GDP as well as spending takes the currency in a better spot towards rebounding the economy.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.