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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 rose on positive Canadian economic data, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.24% against the CAD to close at 0.9908. Canadian dollar rose against greenback after Canadian wholesale sales unexpectedly rose in February, rebounding from a decline in the previous month. In … Continue reading
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USD/CAD: Loonie rallied following IMF comments, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.28% against the CAD, on Friday, to close at 0.9922. Canadian dollar rose against greenback, as positive comments from IMF, spurred investors’ risk appetite. Separately, Bank of Canada (BoC) Governor, … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie fell on weak US jobs data
For the 24 hours to 23:00 GMT, USD rose 0.39% against the CAD to close at 0.9950. Loonie fell as a downbeat US jobless data raised concerns about US economic growth, dampening demand for high-yielding assets. The Canadian Dollar … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar trading marginally higher; BoC indicates economy gaining strength
For the 24 hours to 23:00 GMT, USD rose 0.18% against the CAD to close at 0.9911. Yesterday the Bank of Canada’s (BoC) quarterly monetary policy report indicated that the Canadian economy is steadily gaining strength. In the Asian … Continue reading
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USD/CAD: Loonie strengthened after BoC surprises investors with hawkish tone
For the 24 hours to 23:00 GMT, USD declined 1.04% against the CAD to close at 0.9893. The Canadian Dollar rose, after Bank of Canada (BoC) signaled that it may need to start raising interest rates, preparing to lead … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Dollar trading at parity this morning
For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 0.9997. In the Asian session, at GMT0300, the pair is trading at 1.0000, with the USD trading 0.03% higher from yesterday’s close. The … Continue reading
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USD/CAD: Loonie declined in Friday’ session as less-than-expected Chinese economic growth data spurred demand for greenback
For the 24 hours to 23:00 GMT, USD rose 0.35% against the CAD, on Friday, to close at 0.9984, as investors rise appetite was dampened, amid renewed worries about global economic growth, after reports showed less-than-expected Chinese economic growth. … Continue reading
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USD/CAD: Rise in risk appetite boosts Loonie, tad lower in Asian session
For the 24 hours to 23:00 GMT, USD declined 0.85% against the CAD to close at 0.9949. In Canada, the New Housing Price Index rose 0.3% (MoM) in February, compared to 0.1% increase in previous month. Market had expected … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie rose amid upbeat Canadian housing starts data
For the 24 hours to 23:00 GMT, USD declined 0.12% against the CAD to close at 1.0035. Loonie rose against the greenback, amid better-than-forecasted Canadian housing data. The Canada Mortgage and Housing Corporation reported that annual rate of housing … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie fell as risk aversion increased, trading higher in Asian sesssion
For the 24 hours to 23:00 GMT, USD rose 0.79% against the CAD to close at 1.0047, as concerns over the outlook for the US economic recovery lingered after Friday’s disappointing US employment data. In the Asian session, at … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Dollar tad higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.21% against the CAD to close at 0.9968. In the Asian session, at GMT0300, the pair is trading at 0.9953, with the USD trading 0.14% lower from yesterday’s close. Canadian … Continue reading
Posted in USD/CAD
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