Canadian Dollar Strengthens As Oil Prices Rise
2023年9月27日 - 08:31PM
RTTF2
The Canadian dollar climbed against its major counterparts in
the European session on Wednesday, as oil prices advanced even as
industry data showed U.S. crude oil stockpiles rose in the
just-ended week, against expectations for a small drop.
Crude for November delivery rose $2.97 to 93.36 per barrel.
The American Petroleum Institute reported on Tuesday that U.S.
crude oil stockpiles rose by 1.586M barrels during the week ended
Sept. 22, against expectations for a small drop.
However, there was a drop of 0.07M barrels in gasoline and a
decline of 1.698M in distillates, indicating steady fuel demand in
the country despite the end of the travel-heavy summer season.
The loonie strengthened to a 9-1/2-month high of 1.4201 against
the euro and near a 1-year high of 0.8610 against the aussie,
reversing from its early lows of 1.4297 and 0.8654, respectively.
The currency is seen facing resistance around 1.40 against the euro
and 0.84 against the aussie.
The loonie recovered to 110.60 against the yen and 1.3506
against the greenback, from an early low of 110.16 and near a
2-week low of 1.3537, respectively. Next key resistance for the
currency may be located around 113.00 against the yen and 1.32
against the greenback.
CAD vs Yen (FX:CADJPY)
FXチャート
から 10 2023 まで 11 2023
CAD vs Yen (FX:CADJPY)
FXチャート
から 11 2022 まで 11 2023
