Currency of the week: USD/CAD – 4 factors keeping it


The US dollar is on the rise once again, this time thanks to its traditional driver, the Fed. Yellen continues talking but data is set to take over. UK data is also high on the agenda and so are European politics. In the show, we took a deeper dive into USD/CAD, which remains influenced by the OPEC Accord. We also assessed Trump’s impact on the dollar, as the president nears a month in office.

A video focusing on Dollar/CAD:

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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