I explained in previous articles the factors that affect on US Dollar , Euro , Sterling Pound , Japanese Yen and Swiss Franc Values , you can read them
Today I'll explain the factors that affect on Canadian Dollar
Canadian Dollar
Nickname : Canadian Dollar called Loonie
Canadian Central Bank is Bank of Canada holding 8 meetings yearly to discuss the financial policy
The Governor of Bank of Canada is Stephen Poloz
Most Peak Trading Hours when the Canadian economical reports release usually at 7 AM timing eastern time or at 8:30 AM timing eastern time
Stephen Poloz
?On What The Canadian Economy Depends on
Canada from a few countries which export the energy , the most important supplier of agriculture products and Canada has the second largest oil reserves in the world
: The Most Important Trading Partners For Canada
.United States then United Kingdom and China
: The Economic Reports Which Affect on The Market Movement
Canadian Central Bank decisions about prices and its usually be the strongest indicators that affect on the market and that mean large fluctuations create in the currency
Employment Report
Consumption Report
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