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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 reverses its gain in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0913, following poor retail sales data from the US. In economic news, the Teranet/National Bank house price index registered a rise … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a higher footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0926. In the Asian session, at GMT0300, the pair is trading at 1.0925, with the USD trading tad lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian housing starts continue its upward trend in July
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.0928. CAD gained ground after Canada’s housing starts rose unexpectedly for a fourth straight monthly, as the seasonally adjusted annual rate … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower as labour force participation falls to a 13-year low
USDCAD Movement On Friday, the USD rose 0.37% against the CAD to close at 1.0971, after the Canadian labour market continued to disappoint with only 200 new jobs added during July. Market had expected an addition of around 24K jobs … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues with its losses in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD gained 0.12% against the CAD to close at 1.0931. In economic news, the seasonally adjusted Ivey Purchasing Managers’ Index in Canada advanced at the fastest pace in three months … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian trade surplus notched a two and a half year high level in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD to close at 1.0918. In economic news, Canada’s merchandise trade balance recorded an unexpectedly large trade surplus of C$1.86 billion, compared to a surplus … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues with its fall in Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0962. In the Asian session, at GMT0300, the pair is trading at 1.0964, with the USD trading a tad higher from … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0908. In the Asian session, at GMT0300, the pair is trading at 1.0909, with the USD trading tad higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading tad higher in the Asian session
USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.0925. Canada reported a rise in its manufacturing PMI. The nation reported a reading of 54.3 in July, compared to a reading of 53.5 a month … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie extends its losses in the Asian session despite upbeat GDP data from Canada
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0906. The Canadian Dollar lost ground despite Canada’s economic growth data registering its fifth monthly rise, expanding 0.4% (MoM) in May … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading tad higher ahead of Canada’s GDP data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0905 after the Fed’s upbeat assessment of the US economy. In economic news, the industrial product price index in Canada unexpectedly … Continue reading
Posted in USD/CAD
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