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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 lower in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0592. On the economic front, Statistics Canada reported that foreign investments increased by CAD4.41 billion, following revised investments worth CAD8.29 billion … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher this morning
USDCAD Movement On Friday, the USD declined 0.44% against the CAD to close at 1.0599. In the Asian session, at GMT0400, the pair is trading at 1.0581, with the USD trading 0.17% lower from Friday’s close. The pair is expected … Continue reading
Posted in USD/CAD
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USD/CAD: CAD gives up ground after BoC Gov Stephen Poloz’s speech
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0646, after impressive retail sales for November and upbeat business inventories data for October from the US. The dismal unemployment claims … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie steady ahead of BoC Governor, Stephen Poloz’s speech
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0593. In the Asian session, at GMT0400, the pair is trading at 1.0593, with the USD trading flat from yesterday’s close. … Continue reading
Posted in USD/CAD
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USD/CAD: “High level of house-hold debt a threat to financial stability” says BoC
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD to close at 1.0606. The Canadian Dollar gained ground against the US Dollar after price of crude-oil, Canada’s largest exported commodity, climbed to a … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading tad higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0638. However, earlier in the trading session, the Canadian loonie gave up ground against the US Dollar after data showed that, … Continue reading
Posted in USD/CAD
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USD/CAD: Unemployment rate in Canada stood at previous month’s level of 6.9%
USDCAD Movement On Friday, the USD rose marginally against the CAD to close at 1.0652. In economic news, the Statistics Canada reported that unemployment rate in the nation stood at 6.9% in November, in-line with analysts’ expectations and similar to … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower ahead of Canada’s unemployment data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0650. The Canadian Dollar gained ground against the greenback after an official report revealed that building permits in Canada surged 7.4% … Continue reading
Posted in USD/CAD
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USD/CAD: “Downside risks to inflation appears to be greater”, says BoC Chief, Stephen Poloz
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.0679. The Canadian Dollar gave up ground against the US Dollar as fresh speculation for an interest-rate-cut spurred after the Bank … Continue reading
Posted in USD/CAD
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USD/CAD: CAD trading tad lower ahead of BoC’s rate announcement
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0640. In the Asian session, at GMT0400, the pair is trading at 1.0641, with the USD trading marginally higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie extends its decline in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.0646, as an unexpected rise in the US ISM manufacturing PMI for November, bolstered speculations that the Fed might slow its … Continue reading
Posted in USD/CAD
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