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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: Pair trading higher in the Asian session ahead of US CPI data
For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9811. The Canadian Real Estate Association (CREA) reported that Canadian existing home sales rose 2.5% (MoM) in September, marking its first monthly gain … Continue reading
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USD/CAD: Global concerns continue to weigh on demand for riskier currencies
For the 24 hours to 23:00 GMT on Friday, the USD rose 0.21% against the CAD to close at 0.9806. In the Asian session, at GMT0300, the pair is trading at 0.981, with the USD trading marginally higher from … Continue reading
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USD/CAD: Loonie rose on positive economic data from Canada, trading lower in the Asian session
For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 0.9786. The Canadian Dollar was bolstered after nations’ trade deficit narrowed and amid a rise in its new housing price index. Canada’s … Continue reading
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USD/CAD: Greenback remained buoyant amid global growth concerns
For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 0.9821, as global growth concerns continued to weigh on market sentiment, while investors eyed fresh developments in the Euro-zone. In the Asian session, … Continue reading
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USD/CAD: Greenback slips versus the Canadian Dollar despite global growth concerns
For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD to close at 0.9795. In the Asian session, at GMT0300, the pair is trading at 0.9788, with the USD trading 0.08% lower from yesterday’s close. The … Continue reading
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USD/CAD: Greenback softens, markets eye European talks
For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9763. The greenback rose earlier amid a risk-off session sparked by World Bank and International Monetary Fund cuts to growth forecasts, though profit-taking … Continue reading
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USD/CAD: Loonie rose on Canadian jobs report
For the 24 hours to 23:00 GMT on Friday, the USD declined 0.25% against the CAD to close at 0.9787. The Canadian Dollar rose after reports showed that the Canadian economy added significantly more jobs than forecast in September. … Continue reading
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USD/CAD: Loonie rises as market sentiment firms up
For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CAD to close at 0.9811, as market sentiment firmed up after the European Central Bank (ECB) reiterated that it was ready to buy the debt of troubled … Continue reading
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USD/CAD: Loonie marginally higher ahead of Canadian PMI data
For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 0.9867. Yesterday, the Canadian Finance Minister, Jim Flaherty, stated that he is optimistic that the US would avoid the so-called “fiscal cliff”, indicating … 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 rose 0.22% against the CAD to close at 0.9841, as sentiment were dented after Spain’s Prime Minister stated that a request for a debt bailout for his country is not imminent … Continue reading
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USD/CAD: Loonie continues its northward trend in the Asian session
For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD to close at 0.9820. In Canada, raw materials prices rose 3.4% (MoM) in August, following a 0.8% rise in July. Additionally the industrial product price index … Continue reading
Posted in USD/CAD
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