CAD is otally coupled with the price of oil, which is the major factor in this currency couple in recent times. The fact that EUR gained a lot during the first COVID-19 lockdown was mainly due to the price of oil going downwards. This was evident as well during the recent Suez canal blockage, which started a new bullish run for oil and a pull back for EURCAD. Yet,...
Statistics (all ranges in percentages)
EURUSD from Jan 2001 to Dec 2020
AUDJPY Apr 2003 to Mar 2021
USDCAD from Jan 2001 to Dec 2020
EURGBP from Jan 2001 to Dec 2020
Summary
January, May, September, October have the largest OC ranges;
February, June, July, August, have the smallest ones;
January, March, October, November have the largest...