USD/CAD Forecast May 7, 2012, Technical Analysis FX Empire The Canadian dollar almost always travels with the oil markets over time, so many traders would have jumped out of their long CAD positions as the oil markets crumbled. The weak jobs number out of the United States will have spooked people as well, ... and more » |
Canadian Dollar Higher, Retraces Overnight Drop on Profit-TakingWall Street JournalTORONTO ---The Canadian dollar is higher early Thursday, retracing its decline to a fresh yearly low…