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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 flat in the Asian session
For the 24 hours to 23:00 GMT, USD rose 0.12% against the CAD to close at 0.9925. In the Asian session, at GMT0300, the pair is trading at 0.9925, with the USD trading flat from yesterday’s close. The pair is … Continue reading
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USD/CAD: Canadian economy lost more jobs in July; pair trading flat this morning
For the 24 hours to 23:00 GMT on Friday, USD declined 0.06% against the CAD to close at 0.9910. In Canada, official data indicated that the economy lost 30,400 jobs in July, disappointing expectations for a 9,600 rise and following … Continue reading
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USD/CAD: Loonie trading lower ahead of Canadian unemployment report
For the 24 hours to 23:00 GMT, USD declined 0.28% against the CAD to close at 0.9916. In economic news, international merchandise trade deficit of Canada widened to C$1.8 billion in June, from C$954 million in May. Separately, housing … Continue reading
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USD/CAD: Loonie trading steady ahead of Canadian merchandise trade data
For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 0.9944. In the Asian session, at GMT0300, the pair is trading at 0.9946, with the USD trading marginally higher from yesterday’s close. The pair … Continue reading
Posted in USD/CAD
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USD/CAD: Loonies rose as Canadian Ivey PMI rises in July, tad lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.35% against the CAD to close at 0.9971. The Loonie rose, after the Ivey purchasing managers index in Canada, on a seasonally adjusted basis, climbed to 62.8 in July, highest level … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading at parity in the Asian session
For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0006. In the Asian session, at GMT0300, the pair is trading at 1.0000, trading 0.06% lower from yesterday’s close. The pair is expected to … Continue reading
Posted in USD/CAD
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USD/CAD: Rally in crude oil prices pushed Loonie higher
For the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD on Friday to close at 1.0014. The Loonie rose after crude oil prices rallied more than 4% on Friday and following the release of upbeat jobs and … Continue reading
Posted in USD/CAD
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USD/CAD: Greenback higher on flight to safety, trading lower this morning
For the 24 hours to 23:00 GMT, USD rose 0.27% against the CAD to close at 1.0075, as signs of slowing global growth and concern that Europe’s debt crisis is worsening raised demand for the safe-haven greenback. In the US, … Continue reading
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USD/CAD: Loonie trading flat in the Asian session
For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD to close at 1.0048, after the Federal Reserve took no new monetary stimulus to provide additional support for the economy after a two-day policy meeting. In the … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian economic growth slows in May
For the 24 hours to 23:00 GMT, USD rose 0.17% against the CAD to close at 1.0033. In Canada, gross domestic product rose 0.1% (MoM) in May, compared to a rise of 0.3% in April. Separately, industrial product price and … Continue reading
Posted in USD/CAD
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USD/CAD: Pair moving closer to parity; Canadian GDP data awaited
For the 24 hours to 23:00 GMT, USD declined 0.23% against the CAD to close at 1.0016. The Canadian Dollar climbed against the greenback ahead of a meeting where the Federal Reserve may indicate that it would take further steps … Continue reading
Posted in USD/CAD
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