Canadian Dollar Rises On Higher Oil Prices
27 Mars 2023 - 01:16PM
RTTF2
The Canadian dollar strengthened against its major counterparts
in the European session on Monday, as oil prices rose amid easing
worries over a banking crisis and comments from Russian President
Vladimir Putin that he will station tactical nuclear weapons in
Belarus.
Crude for May delivery rose $1.18 to 70.44 per barrel.
Putin told state television that he plans to complete the
construction of a storage facility for tactical nuclear weapons in
Belarus by July 1.
Bloomberg reported that U.S. authorities are weighing an
expansion of an emergency lending facility in order to offer more
support to the banks.
The acquisition of Silicon Valley Bank by First Citizens Bank
reduced concerns about the turmoil in the banking sector.
The loonie firmed to 4-day highs of 1.3686 against the greenback
and 96.14 against the yen, off its early lows of 1.3745 and 94.95,
respectively. The currency is seen finding resistance around 1.33
against the greenback and 99.00 against the yen.
The loonie climbed to a 5-day high of 1.4758 against the euro
and near a 2-week high of 0.9094 against the aussie, up from its
prior lows of 1.4802 and 0.9146, respectively. Next immediate
resistance for the currency is seen around 1.46 against the euro
and 0.89 against the aussie.
AUD vs CAD (FX:AUDCAD)
Graphique Historique de la Devise
De Nov 2023 à Déc 2023
AUD vs CAD (FX:AUDCAD)
Graphique Historique de la Devise
De Déc 2022 à Déc 2023