USD/CAD snaps 9-week losing streak

25 March 2016, 15:41
Seth Dompreh
Fresh signs of weakness in oil prices helped theUSD/CAD pair snap 9-week losing streak, with prices aiming to end at 1.3240 levels. 

Rejected at 1.3296

Pair’s corrective rally failed to cut the pair above 1.33 levels as oil managed to take back losses on Thursday. WTI oil recovered from daily low of $383.34 to end the day largely unchanged on the day on Thursday at $39.61 levels. READ MORE
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