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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 tad higher, ahead of Canada’s new housing price index data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD to close at 1.3258. In the Asian session, at GMT0400, the pair is trading at 1.3246, with the USD trading marginally lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its losses in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.3280. In the Asian session, at GMT0400, the pair is trading at 1.3244, with the USD trading 0.27% lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a stronger footing in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 1.3277. In economic news, Canada’s housing starts fell to a level of 198.1K in October, dropping at its fastest pace in … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s unemployment rate dropped to 7.0% in October
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the CAD to close at 1.3305, following the release of robust US non-farm payrolls data in October. In economic news, Canada’s unemployment rate unexpectedly declined to … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading flat, ahead of Canada’s unemployment rate data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.3165. In economic news, Canada’s Ivey purchasing managers index declined unexpectedly to a level of 53.1 in October, reaching its lowest … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading tad lower, ahead of Canada’s Ivey purchasing managers index data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD to close at 1.3150. In economic news, Canada’s international merchandise trade deficit narrowed more than market forecasts to C$1.7 billion in September, mainly led … 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 0.23% against the CAD to close at 1.3065, after US factory orders weakened more than anticipated in September. In the Asian session, at GMT0400, the pair is trading … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s October manufacturing PMI disappoints
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.3096. The CAD weakened, after the nation’s manufacturing activity slid for the third consecutive month. Data showed that Canada’s RBC manufacturing … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s GDP ticked up 0.1% MoM in August
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.64% against the CAD to close at 1.3078. The CAD gained ground, after Canada’s GDP rose 0.1% MoM in August, at par with market expectations, registering its third … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s GDP data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.3162. In economic news, Canada’s raw material price index advanced 3.0% MoM in September, more than market expectations for an advance … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its gains in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD to close at 1.3196. In the Asian session, at GMT0400, the pair is trading at 1.3209, with the USD trading 0.1% higher from yesterday’s … Continue reading
Posted in USD/CAD
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