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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 lower, with Canada’s GDP data in focus
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.0482. In the Asian session, at GMT0400, the pair is trading at 1.0484, with the USD trading tad higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: BoC Governor, Poloz halts long-awaited plan for a hike in the interest rate
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.0473. The Canadian Dollar gave up ground against its US counterpart after the Bank of Canada (BoC) Governor, Stephen Poloz, stated … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading tad lower ahead of BoC Deputy Governor’s speech
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0447. In the Asian session, at GMT0400, the pair is trading at 1.0451, with the USD trading marginally higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher amid lack of domestic economic releases
USDCAD Movement On Friday, the USD rose 0.30% against the CAD to close at 1.0451. In the Asian session, at GMT0400, the pair is trading at 1.0437, with the USD trading 0.13% lower from Friday’s close. The pair is expected … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie declined amid concerns over BoC’s interest rate stance, snaps losses in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD to close at 1.0420. The Canadian Dollar continued to face pressure after the Bank of Canada on Wednesday lowered its growth forecast for the … Continue reading
Posted in USD/CAD
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USD/CAD: BoC keeps its interest rate unchanged at 1.0%, trims nation’s growth for next three years
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CAD to close at 1.0383. The Canadian Dollar gave up ground against the greenback as the Bank of Canada (BoC) changed its stance on the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading tad higher ahead of BoC’s interest rate decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0293, as weak employment data from the US dimmed prospects for a near term tapering of asset buying by the US … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s retail sales data in focus
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0311. The Canadian Dollar gave up ground against the USD, amid speculation that the Bank of Canada (BoC), in its monetary … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s consumer price index surpassed market expectations for September
USDCAD Movement On Friday, the USD declined 0.07% against the CAD to close at 1.0294. The Canadian Dollar rose against its US counterpart after a report showed that the nation’s consumer price index rose 0.2% (MoM) in September, surpassing analysts’ … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher with focus on domestic consumer inflation data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0302, as Fed’s policymakers’ support for the central bank to continue with its stimulus measures for a longer time, spooked investors … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Prime Minister, Stephen Harper to introduce a budget law to bolster the nation’s creditworthiness
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD to close at 1.0330. The Canadian Dollar advanced against the USD after the Canadian Prime Minister, Stephen Harper pledged to legislate a rule that … Continue reading
Posted in USD/CAD
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