USD/CAD Daily Fundamental Analysis For July 15

(Daily Markets)- The USD/CAD pair managed to rise back after dropping earlier on Thursday, where early on Thursday the USD/CAD pair fell as crude oil prices rose and the USD weakened after Moody’s announced it put U.S. debt outlook under negative outlook, which better than expected data from the U.S. also supported the CAD earlier, as investors’ risk appetite improved, nonetheless, fears from the European debt crisis pushed the USD/CAD pair back to the upside, as investors fear Italy could soon follow Greece and Portugal into fiscal trouble. Read more here…