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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 steady ahead of Canadian unemployment report
For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD to close at 0.9994, as Greece and its creditors struggle to reach an agreement on a debt swap, dampening demand for higher-yielding assets. Meanwhile, Dallas Federal Reserve … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar advances on higher risk appetite
For the 24 hours to 23:00 GMT, USD declined 0.45% against the CAD to close at 0.9979. Canadian dollar advanced as appetite for riskier assets increased after positive news from the Euro-zone and as stronger global manufacturing data boosted speculation … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar slides after nation’s GDP declines unexpectedly in November
For the 24 hours to 23:00 GMT, USD rose 0.06% against the CAD to close at 1.0024. The Canadian dollar retreated after a report showed that the country’s economy unexpectedly contracted in the fourth quarter. Data released in Canada showed … Continue reading
Posted in USD/CAD
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USD/CAD: Pair trading below its MA’s
For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 1.0018. In the Asian session, at GMT0400, the pair is trading at 1.0005, with the USD trading 0.13% lower from yesterday’s close. The pair … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar losing ground in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD, on Friday, to close at 1.0010. In the Asian session, at GMT0400, the pair is trading at 1.0030, with the USD trading 0.20% higher from Friday’s close. … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar trading lower this morning after yesterday’s rise
For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 1.0020. Positive economic data in the US prompted investors to take out money from the safe haven greenback and invest in riskier currencies. In … Continue reading
Posted in USD/CAD
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USD/CAD: Greenback continues to trade lower after the Federal Reserve extends target
For the 24 hours to 23:00 GMT, USD fell 0.46% against the CAD to close at 1.0046, after the US Federal Reserve stated that its benchmark interest rate would stay low until at least 2014, and as higher crude oil … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar continues its downward movement
For the 24 hours to 23:00 GMT, USD rose 0.10% against the CAD to close at 1.0092. Data released in Canada showed that the retail sales advanced 0.3% (MoM) to C$38.7 billion in November, in line with market expectations. In … Continue reading
Posted in USD/CAD
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USD/CAD: Rising oil prices and a weaker dollar kept Canadian dollar higher, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.68% against the CAD to close at 1.0083. The Canadian dollar advanced amid higher oil prices and a weaker dollar. Additionally, Canada’s leading economic indicators climbed 0.8% in December, more than … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar fell on slower annual inflation, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.40% against the CAD on Friday to close at 1.0152, amid speculation that the Bank of Canada would keep the benchmark lending rate at 1.0%, after a report showed that Canada’s … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Dollar’s rally fades on weaker oil prices
For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0112. Data released in Canada showed that the manufacturing sales climbed 2.0% in November to C$49.6 billion, the fourth increase in five months. In … Continue reading
Posted in USD/CAD
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