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Wednesday, February 07, 2018 9:38:14 AM
CAD/JPY: Fundamental Review & Forecast
Investors this week prefer safe assets, so the JPY increased in price against the CAD. Short deals seem most effective now.
The Canadian dollar, which had previously been supported by increasing oil prices and positive economic data, again came under pressure. The price of oil is rapidly decreasing because of the growth of oil extraction in the United States and the situation on the US stock market this week which have a significant impact on the situation on the market.
More information see here
https://superforex.com/analytics/cad-jpy-fundamental-review-forecast-070218/?x=FORUMS
Investors this week prefer safe assets, so the JPY increased in price against the CAD. Short deals seem most effective now.
The Canadian dollar, which had previously been supported by increasing oil prices and positive economic data, again came under pressure. The price of oil is rapidly decreasing because of the growth of oil extraction in the United States and the situation on the US stock market this week which have a significant impact on the situation on the market.
More information see here
https://superforex.com/analytics/cad-jpy-fundamental-review-forecast-070218/?x=FORUMS
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