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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: Disappointing Canadian wholesale sales cast shadow on the local currency
For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.0119. The Canadian Dollar weakened as a drop in Canadian wholesale sales in December added to concerns over the outlook for the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading almost flat this morning
For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 1.0108. In the Asian session, at GMT0400, the pair is trading at 1.0108, with the USD trading marginally lower from yesterday’s close. … Continue reading
Posted in USD/CAD
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USD/CAD: Disappointing Canadian manufacturing data cast a shadow on the local currency
For the 24 hours to 23:00 GMT on Friday, the USD rose 0.58% against the CAD to close at 1.0068. The Canadian Dollar staged a sharp decline against the US Dollar on Friday, after weaker-than-forecast Canadian manufacturing sales data added … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher this morning, Canadian manufacturing shipments data awaited
For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0011. In the Asian session, at GMT0400, the pair is trading at 1.0004, with the USD trading marginally lower from yesterday’s close, … Continue reading
Posted in USD/CAD
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USD/CAD: Trading flat this morning
For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0016. In the Asian session, at GMT0400, the pair is trading at 1.0016, with the USD trading flat from yesterday’s close. The … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower in the Asian session
For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD to close at 1.0017. In testimony before the House of Commons Finance Committee, the Bank of Canada Governor, Mark Carney yesterday reiterated his stance that … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian household debts pose significant risk, indicates BoC Deputy Governor
For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.0054. The Loonie lost ground amid lower commodities and as the Bank of Canada Deputy Governor, Timothy Lane stated that a long … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie fell on disappointing employment and housing data
For the 24 hours to 23:00 GMT on Friday, the USD rose 0.47% against the CAD to close at 1.0027. The Canadian Dollar weakened as investors fretted over the unexpected drop in employment in January. In Canada, employment fell … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s building permits slumped in December
For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 0.9980, as investor risk appetite waned after the European Central Bank expressed concern that the Euro’s strength may hurt recovery in its … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower as investors trade cautiously ahead of the ECB meeting
For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9957. Yesterday, the Richard Ivey School of Business reported that, business activity in Canada improved significantly in January. In the Asian session, at … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Dollar reverses its previous session gains
For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 0.9957. The greenback came under pressure, as overall risk appetite increased after the release of upbeat Euro-zone and US service sector data. … Continue reading
Posted in USD/CAD
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