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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 On Friday, the USD rose 1.17% against the CAD to close at 1.1750. The CAD lost ground after Canada’s RBC manufacturing PMI slipped to a 3-month low reading of 53.9 in December, compared to a level of 55.3 … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.1614. In the Asian session, at GMT0400, the pair is trading at 1.1638, with the USD trading 0.21% 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 0.28% against the CAD to close at 1.1613. In the Asian session, at GMT0400, the pair is trading at 1.1604, with the USD trading 0.08% lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading above its MAs
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.1646. In the Asian session, at GMT0400, the pair is trading at 1.1646, with the USD trading flat from yesterday’s close. … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading above its MA’s
USDCAD Movement On Friday, the USD rose 0.09% against the CAD to close at 1.1623. In the Asian session at 4:00GMT, USD is trading at 1.1630, 0.06% higher against the Canadian dollar from Friday’s close. The pair is expected to … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading above its MA’s
USDCAD Movement On Friday, the USD rose 0.09% against the CAD to close at 1.1623. In the Asian session at 4:00GMT, USD is trading at 1.1630, 0.06% higher against the Canadian dollar from Friday’s close. The pair is expected to … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s GDP exceeded forecasts
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.1625. The CAD gained ground after Canada’s GDP unexpectedly expanded more than anticipated. The Canadian economy grew 0.3% on a MoM … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher ahead of Canada’s GDP data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.1639. In the Asian session, at GMT0400, the pair is trading at 1.1618, with the USD trading 0.18% lower 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 On Friday, the USD rose 0.17% against the CAD to close at 1.1600. The CAD came under pressure after consumer prices in Canada retreated more than expected 0.4%, posting its biggest decline on a monthly basis in nearly … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher ahead of Canada’s crucial inflation data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.1580. In the Asian session, at GMT0400, the pair is trading at 1.1578, with the USD trading a tad lower from … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.1644, after the Fed expressed its optimism in the US economy. In economic news, wholesale sales in Canada advanced less than … Continue reading
Posted in USD/CAD
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