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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3952. In economic news, Canada’s RBC manufacturing PMI data rose to a level of 49.3 in January, but continued to remain … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher, ahead of Canada’s RBC manufacturing PMI data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.4045. On the economic front, data indicated that Canada’s GDP growth expanded for the first time in three months by 0.3% … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s GDP data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD and closed at 1.4034. In the Asian session, at GMT0400, the pair is trading at 1.4044, with the USD trading 0.07% higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.4093. In the Asian session, at GMT0400, the pair is trading at 1.4118, with the USD trading 0.18% higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CAD and closed at 1.4122. In the Asian session, at GMT0400, the pair is trading at 1.4130, with the USD trading a tad higher from … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie extends its losses in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.95% against the CAD and closed at 1.4277. In the Asian session, at GMT0400, the pair is trading at 1.4283, with the USD trading marginally higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s retail sales post biggest jump in 18 months
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.85% against the CAD and closed at 1.4144. The CAD gained ground, after Canada’s retail sales rose more than expected, rising the most in about one-and-a-half-years, after it … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower ahead of Canada’s inflation data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.61% against the CAD and closed at 1.4265. In the Asian session, at GMT0400, the pair is trading at 1.4284, with the USD trading 0.13% higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: The BoC held interest rate at 0.5%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.4498, The CAD gained ground, after the BoC kept benchmark interest rate steady at 0.5%, while remaining cautiously optimistic. . In … Continue reading
Posted in USD/CAD
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USD/CAD: IMF cuts Canada’s economic growth outlook for 2017
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.4573. Yesterday, the International Monetary Fund (IMF) downgraded its 2017 GDP growth outlook for the Canadian economy to 2.1%, down from … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie extends its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.4550. In the Asian session, at GMT0400, the pair is trading at 1.4518, with the USD trading 0.22% lower from yesterday’s … Continue reading
Posted in USD/CAD
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