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USDCAD moves toward recent swing highs. Oil’s tumble/USD buying helps

Started by forex4you, Feb 15, 2022, 05:29 pm

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forex4you

Feb 15, 2022, 05:29 pm
USDCAD moves toward recent swing highs. Oil's tumble/USD buying helps

USDCAD tests the upper swing high area The USD has seen some buying over the last hour or so of trading. The greenback has moved to new highs vs the GBP, JPY, CHF, NZD and the CAD. The run higher in the USDCAD has been helped by tumbling oil prices where the price is currently down -4.


Source: USDCAD moves toward recent swing highs. Oil's tumble/USD buying helps

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