Pessimism again today to the European financial markets, as economic problems to the owners once more in the most economical sites Thursday. Markets that influence the Canadian dollar, as crude oil and other commodities fell, which also affect progress in the loonie.
The Canadian dollar ended today their longest winning streak in more than five years and increased pessimism in Europe, extending later to a global scale, affecting resource stocks and commodities in North America, markets with strong correlation with rates Canadian dollar, making Canadian currency to step back towards parity with its U.S. counterpart.
The positive aspect of today for the withdrawal of the Canadian dollar is so strong after the advance was not the Bank of Canada, which led to its currency down with statements or concrete steps to end their demonstration, but in fact The fundamentals of the international market scene were behind the loonie's fall today, noting that by the time the central bank is not new levels of hard currency.
USD / CAD traded at 1.0166 as of 03:53 GMT from a low of 1.0071 on Thursday.
If you want to comment on the Canadian dollar's recent action or have any questions regarding this coin, please feel free to reply below.
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