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USD/CAD: Canadian dollar fell amid heightened risk aversion, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.50% against the CAD to close at 1.0389. Canadian dollar fell against greenback, as renewed European debt worries curbed demand for riskier assets, and as fall in commodity prices further added … Continue reading
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USD/CAD: Greenback rose on Fed announcement and Euro-zone fears
For the 24 hours to 23:00 GMT, USD rose 0.64% against the CAD to close at 1.0337, after the Federal Reserve dismissed the possibility of fresh monetary easing. Meanwhile, the reports that German Chancellor, Angela Merkel opposed strengthening a bailout … Continue reading
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USD/CAD: Canadian dollar fell on increased risk aversion, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.80% against the CAD to close at 1.0272. Canadian dollar declined against the greenback, amid increased risk aversion among investors following concerns over the measures announced in the EU summit. In … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar gained on higher risk appetite, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.46% against the CAD, on Friday, to close at 1.0185. Canadian dollar rose against the greenback as positive US consumer confidence data and Euro-zone latest plans to tackle debt crisis, spurred … Continue reading
Posted in USD/CAD
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USD/CAD: Trading well above its MA’s, Canadian trade data awaited
For the 24 hours to 23:00 GMT, USD rose 1.43% against the CAD to close at 1.0232. In Canada, the New Housing Price Index rose 0.2% (MoM) in October, while housing starts fell to an annual rate of 181,100 units … Continue reading
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USD/CAD: Canadian dollar gives up some gains in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.08% against the CAD to close at 1.0088. In the Asian session, at GMT0400, the pair is trading at 1.0097, with the USD trading 0.09% higher from yesterday’s close. The pair … Continue reading
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USD/CAD: Canadian dollar maintains momentum
For the 24 hours to 23:00 GMT, USD declined 0.73% against the CAD to close at 1.0096. Canadian dollar strengthened after Bank of Canada (BoC) kept its key overnight rate at 1.0%. The BoC policy makers further stated that growth … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar trading lower this morning ahead of BoC interest rate decision
For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 1.0170, as Standard & Poor’s warning for Euro-zone countries credit downgrade diminished appeal for riskier currencies. In the Asian session, at GMT0400, the pair … Continue reading
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USD/CAD: Canadian Dollar declined on poor unemployment data, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.37% against the CAD, on Friday, to close at 1.0181. Canadian dollar declined against the US dollar, after reports showed that Canadian unemployment rate rose in November. The unemployment rate in … Continue reading
Posted in USD/CAD
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USD/CAD: Trading below its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0144. In the Asian session, at GMT0400, the pair is trading at 1.0147, with the USD trading 0.03% higher from yesterday’s close. The pair … Continue reading
Posted in USD/CAD
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USD/CAD: Trading flat this morning
For the 24 hours to 23:00 GMT, USD declined 1.22% against the CAD to close at 1.0187. Canadian dollar rose sharply against the greenback, boosted by Canadian Gross Domestic Product (GDP) data and coordinated action by Central Banks including the … Continue reading
Posted in USD/CAD
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