Canadian dollar falls as pressure increases on oil

2019-04-15 17:50:28 GMT (Economies.com)
Canadian dollar falls as pressure increases on oil

The Canadian dollar fell against most of the majors on today's trading, as pressure pushes oil prices down.

 

This comes amid uncertainty surrounding the trade negotiations between the United States and China, as it continues despite of positive statements and confirmations of a near-final agreement between the two countries.

 

In the oil market, by 1513 GMT, West Texas crude fell by 1.1% to $63.1 a barrel, with the day's highest at $63.8 and the lowest at $63.1.

 

Brent crude fell 0.7% to $71.07 a barrel, with the day's highest at $71.6 and the lowest at $70.7.

 

In terms of trading, the Canadian dollar fell against the US Dollar by 0.4% to 0.7474 at 15:32 GMT, with the highest price at 0.7525 and the lowest price at 0.7466.

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0074
0.6610%
1.2706
0.0123
0.9771%
15.452
0.584
3.928%
57.376
4.867
9.268%
64.44
2.57
4.15%
1389.005
47.725
3.558%
 
 
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