Canadian Dollar Firms On Higher Oil Prices
2019年4月12日 - 5:22PM
RTTF2
The Canadian dollar strengthened against its most major
counterparts in the European session on Friday, as oil prices were
buoyed by OPEC-led supply cuts, escalating fighting in Libya and
U.S. sanctions on petroleum exporters Iran and Venezuela.
Crude for May delivery rose $0.88 to $64.45 per barrel.
Venezuela's average daily production rate fell to 870,000 bpd
last month, while OPEC-wide production fell by 550,000 bpd in
March, the International Energy Agency said in its oil market
report.
Saudi Arabia's crude oil production slumped to the lowest in two
years as the Kingdom slashed its production by more than promised
to boost prices.
The oil cartel and its allies will meet in June to decide
whether to continue withholding supply.
OPEC is expected to consider raising oil output from July if
disruptions continue and prices keep rallying.
The currency traded mixed against its major counterparts in the
Asian session. While it rose against the aussie and the yen, it
held steady against the greenback. Against the euro, it
dropped.
The loonie climbed to 84.04 against the yen, its strongest since
March 19, and marked a 0.8 percent drop from a low of 83.38 seen at
5:00 pm ET. The loonie is poised to find resistance around the
86.00 level.
The loonie appreciated to 1.3324 against the greenback,
following a low of 1.3386 touched at 5:00 pm ET. The next possible
resistance for the loonie is seen around the 1.31 level.
The loonie bounced off to 1.5069 against the euro, from more
than a 2-week low of 1.5100 hit at 8:45 pm ET. If the loonie rises
further, 1.48 is possibly seen as its next resistance level.
Data from Destatis showed that Germany's wholesale price
inflation rose further in March.
The wholesale price index rose 1.8 percent year-on-year in
March, following a 1.6 percent rise in February.
On the flip side, the loonie weakened to 0.9564 against the
aussie, reversing from a 2-day high of 0.9519 set at 4:00 am ET.
The loonie is seen finding support around the 0.965 level.
Looking ahead, U.S. export and import prices for March and
University of Michigan's preliminary consumer sentiment index for
April will be released in the New York session.
Euro vs US Dollar (FX:EURUSD)
FXチャート
から 3 2024 まで 4 2024
Euro vs US Dollar (FX:EURUSD)
FXチャート
から 4 2023 まで 4 2024