The Canadian dollar gained on its US counterpart on Monday as investors waited for details on the expected quantitative easing from the Federal Reserve in what marks the beginning of a busy week. Employment reports are due from both Canada and the US while monetary policy updates are scheduled for the Central Banks of Australia, Japan, and England.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.