USDCAD declines as Canadian dollar recoups its early losses

Market news

11 November 2014

USDCAD declines as Canadian dollar recoups its early losses

The currency pair USDCAD declines as Canadian dollar recovers its early losses. Falling oil prices weighed on the loonie.

Iraq said on Monday that it will lower oil prices for its US customers. But it raised oil prices for its customers in Asia and Europe.

Foreign exchange market. American session: the U.S. dollar traded mixed to lower against the most major currencies in the absence of any major economic reports

U.S. Stocks open: Dow 17,616.36 +2.62 +0.01%, Nasdaq 4,650.92 -0.70 -0.02%, S&P 2,039.12 +0.86 +0.04%

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.