CANADA FX DEBT-C$ steadies after hitting 4-month low on oil price slump

CANADA FX DEBT-C$ steadies after hitting 4-month low on oil price slump

November 13, 2018

The slide in oil prices “is delivering a very, very hard blow to the Canadian dollar,” said Karl Schamotta, director global markets strategy at Cambridge Global Payments in an interview with Reuters. “The correlation between WTI (West Texas Intermediate) and the Canadian dollar has risen quite substantially.” Read the full article here: https://reut.rs/2K1FOub

For further information, please contact Cambridge Global Payments

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