For example, in the aftermath of the Great Recession and the subsequent quantitative easing from the U. Federal Reserve, the Canadian dollar soared against the U. In fact, almost all of the instances of parity have been related to periods of U. Consequently, the Canadian dollar hit a record low, trading to 1.
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The pair is trading at the session highs. Chatter about U. Market talk about Canada's economy and Statistic Canada reported a trade surplus of 0. Statistics Canada is scheduled to release The pair is trading near the session highs as overseas forex traders wind down trading for Tags Canadian dollar Forex Benzinga.
Market talk about money flows and Tags Forex Markets Benzinga. The pair is trading as little under the session highs. Market talk about global money Tags Canadian dollar Futures Markets. Market talk about money flows and comments from Tags Canadian dollar Benzinga Markets.
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The pair has moved up, during a choppy and brisk trade. Market talk about recent The pair is trading a little under the session highs.
The RBC Canadian manufacturing Statistics Canada data showed Christopher Lewis has been trading Forex for several years. He writes about Forex for many online publications, including his own site, aptly named The Trader Guy. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions.
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Comments including inappropriate will also be removed. Heavy swings in the dollar make highly profitable trades.
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