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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 higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.2102. In the Asian session, at GMT0300, the pair is trading at 1.2093, with the USD trading 0.07% lower from yesterday’s … Continue reading
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USD/CAD: Loonie trading lower in the Asian session
USDCAD Movement On Friday, the USD declined 0.11% against the CAD to close at 1.2092, after the US non-farm payrolls increased less than expected in April. In economic news, Canada’s unemployment rate remained unchanged at 6.8% in April, lower than … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad lower ahead of Canada’s unemployment rate data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD to close at 1.2106. On the macro front, Canada’s building permits rebounded 11.6% on a monthly basis, registering its first increase in 3-months in … Continue reading
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USD/CAD: Loonie trading a tad lower ahead of Canada’s building permits data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2038, after the ADP reported that job creation in the US decelerated in April. The CAD traded on a stronger footing, … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher ahead of Canada’s Ivey PMI data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD fell 0.10% against the CAD to close at 1.2082. In economic news, Canada’s international merchandise trade deficit came in at C$ 3.02 billion in March, following a revised trade … 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 0.56% against the CAD to close at 1.2094. Data released on Friday indicated that RBC’s manufacturing PMI for Canada rose to a level of 49.0 in April, but … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower ahead of Canada’s RBC manufacturing PMI data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.2076, on the back of positive economic data in the US. In economic news, Canada’s GDP remained flat on a monthly … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower ahead of Canada’s GDP data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.2018, after the US annualized GDP rose less than expected in the first quarter of 2015. On the macro front, industrial … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD to close at 1.2031. In the Asian session, at GMT0300, the pair is trading at 1.2039, with the USD trading 0.07% higher from yesterday’s … 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 0.73% against the CAD to close at 1.2091, on the back of dismal Markit services PMI data in the US. In the Asian session, at GMT0300, the pair … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its losses in the Asian session
USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2171, on the back of stronger than expected durable goods orders data in the US. In a speech, the BoC Governor, Stephen Poloz mentioned that the … Continue reading
Posted in USD/CAD
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