Currency Note Worldwide

Tumble for Canadian dollar

By Ricky Bean March 22nd, 2016

Yesterday saw the Canadian dollar tumble below the five-month high that it reached on Friday. After pushing through a key level last seen in October, the Canadian currency began to fall along with oil prices, which fell back below $40 today.

There is very little out from the Canadian economy this week that is of significance, barring its annual budget release which is to be published today. This could potentially cause movement in Canadian dollar markets.

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