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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 fell on rising risk aversion
For the 24 hours to 23:00 GMT, USD rose 0.27% against the CAD to close at 1.0268, as risk aversion increased among investors after weak economic data from the Euro-zone and following concern that economic growth is slowing in the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie lower as Europe’s debt crisis deters risk-taking
For the 24 hours to 23:00 GMT, USD rose 0.27% against the CAD to close at 1.0241, The Loonie fell as risk aversion increased among investors, after European Union leaders failed to introduce new measures to stem the Euro-zone debt … Continue reading
Posted in USD/CAD
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USD/CAD: Risk aversion weighed on Loonie, Canadian retail sales data awaited
For the 24 hours to 23:00 GMT, USD rose 0.38% against the CAD to close at 1.0213, as risk aversion increased among investors amid worries of Greece exit from the Euro-zone. Meanwhile, Organization for Economic Co-operation and Development (OECD) stated … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Dollar gaining strength in the Asian session
For the 24 hours to 23:00 GMT, USD rose 0.51% against the CAD to close at 1.0175. The Atlanta Federal Reserve Bank President, Dennis Lockhart stated that “sustained monetary accommodation” is appropriate in order to keep the US economic recovery … Continue reading
Posted in USD/CAD
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USD/CAD: Pair trading above its MA’s
For the 24 hours to 23:00 GMT on Friday, USD rose 0.15% against the CAD to close at 1.0206. In Canada, consumer prices rose 2.0% (YoY) in April, compared to a rise of 1.9% in March. In the Asian session, … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie slips after weak US data, Canadian CPI awaited
For the 24 hours to 23:00 GMT, USD rose 0.69% against the CAD to close at 1.0191. The Canadian Dollar came under pressure after the release of unexpectedly weak economic data in the nation’s biggest trade partner, the US. In … Continue reading
Posted in USD/CAD
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USD/CAD: Trading above its MA’s
For the 24 hours to 23:00 GMT, USD rose 0.53% against the CAD to close at 1.0121. The Loonie fell as increased risk aversion among investors’ overweighed positive manufacturing sales data in Canada. Yesterday, manufacturing shipments in Canada rose 1.9% … Continue reading
Posted in USD/CAD
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USD/CAD: Losses in the Canadian Dollar continues in morning session
For the 24 hours to 23:00 GMT, USD rose 0.41% against the CAD to close at 1.0068, as risk aversion rose among investors following political turmoil in Greece. Initially, the Canadian Dollar rose after existing home sales in Canada rose … Continue reading
Posted in USD/CAD
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USD/CAD: Greenback strengthened amid Greece jitters
For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 1.0026, as political and economic uncertainty in Greece prompted investors to move to safer assets. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie climbed amid positive Canadian employment data
For the 24 hours to 23:00 GMT, USD declined 0.24% against the CAD to close at 1.0007. The Loonie gained against the Dollar, after reports showed that the Canada’s economy added more-than-expected jobs in April. In Canada, employment rose by … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower ahead of Canadian unemployment report
For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 1.0031. Canadian Dollar fell, as risk sentiment continued to fade amid speculation that Europe’s debt crisis would worsen as Greece struggled to form a … Continue reading
Posted in USD/CAD
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