CANADA FX DEBT-Canadian dollar notches biggest gain in three weeks as oil surges

CANADA FX DEBT-Canadian dollar notches biggest gain in three weeks as oil surges

April 30, 2020

The Canadian dollar is benefiting from “a surge in West Texas Intermediate (oil) prices,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments. “Also, behind the scenes we are seeing continued signs of easing in financial conditions.”

Read the full Reuters article.

For further information, please contact Cambridge Global Payments

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