The Canadian dollar was mixed today, falling against the US dollar, rising versus the euro and staying flat against the Japanese yen.
The Canadian dollar showed no clear trend during Friday’s trading. The currency fell against the strong greenback, gained on the vulnerable euro and moved little versus the yen.
Over the longer term, crude oil remains a negative factor for the currency. Prices for the commodity dropped more than 2 percent today. The report from the International Energy Agency painted a bearish picture for oil. This does not bode well for the loonie.
USD/CAD gained from 1.3286 to 1.3311 as of 20:07 GMT today. EUR/CAD dropped from 1.4363 to 1.4296. CAD/JPY was near the opening level of 92.20.
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