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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 this morning
USDCAD Movement On Friday, the USD rose 0.15% against the CAD to close at 1.0339, ahead of Fed’s policy decision on September 18. However, the gains were kept in check after data showed that the US retail sales came in … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie showing convergence with its MA’s
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0325. In economic news, an official report from Canada showed that the nation’s new housing price index rose 0.2% (MoM) in … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower ahead of domestic housing data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.0312. The demand for the risk-on, Loonie rose after the US President, Barack Obama, postponed a decision on military strikes against … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie pares its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0356, as investors’ appetite for risk-taking increased after media reports highlighted Syria’s willingness to yield to Russian proposal to submit its … Continue reading
Posted in USD/CAD
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USD/CAD: Upbeat Canadian building permits data continues to boost Loonie
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.0372. Investors increased their exposure in the Canadian Dollar, as a strong building permit data in Canada bolstered the growth prospect … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues its rise following upbeat domestic employment data
USDCAD Movement On Friday, the USD fell 0.96% against the CAD to close at 1.0399. The Canadian Dollar strengthened on the back of positive domestic employment data. In Canada, an official data showed that the economy added 59,200 jobs during … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie rebounds on speculation for a strong domestic employment report
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally gained against the CAD to close at 1.0502. In the Asian session, at GMT0300, the pair is trading at 1.0483, with the USD trading 0.18% lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie buoyed by BoC’s assurance
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.0499 as risk-appetite among investors increased after the Bank of Canada (BoC) Governor, Stephen Poloz, assured that the Central Bank’s monetary … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower ahead of BoC’s interest rate decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0537. The Loonie rose as lingering concerns over a possible military strike over Syria bolstered the supply prospect of crude oil … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues to trade higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0554. In the Asian session, at GMT0300, the pair is trading at 1.0553, with the USD trading marginally lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues to advance following upbeat Canadian GDP data
USDCAD Movement On Friday, the USD marginally declined against the CAD to close at 1.0531. The Canadian Dollar rose after the data released by the Statistics Canada showed that nation’s economy rose more than expected in the second quarter. On … Continue reading
Posted in USD/CAD
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