Daily Review Canadian dollar (CAD) Dec 24 2009

By IBTimes Staff Reporter | December 24 2009 6:40 AM

Following the rise in price of oil, the nation biggest export, the Canadian Dollar rose to the highest level in almost three weeks, despite that fact that GDP came out worse than expected at 0.2% vs. 0.3% forecast. Overall, USD/CAD traded with low of 1.0469 and with a high of 1.0576.

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USD/CAD - Last: 1.0490

Resistance

1.0530

1.0588

1.0633

Support

1.0470

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