Tag: CAD

CAD And NOK Biggest Losers As Oil Price Crashed

by elliottwave-forecast.com | March 16, 2020 4:07 pm
Oil price crashed more than 30% and reached a low of $27 earlier this week.  OPEC’s failure to agree on further production cuts and Saudi Arabia/Russia price war has driven crude oil to the low last seen...

Delay in Nafta Deal Doesn’t Hurt Canadian Dollar

by elliottwave-forecast.com | May 24, 2018 2:39 pm
We wrote in our previous article that Canadian dollar may get a bid if NAFTA (North America Free Trade Agreement) is successfully renegotiated. The three countries under NAFTA (U.S., Canada, and Mexico) are all under pressure to reach a...