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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: Canadian dollar trading lower this morning, GDP data awaited in Canada
For the 24 hours to 23:00 GMT, USD declined 0.33% against the CAD to close at 1.0313. Canadian dollar rose, after better-than-expected consumer confidence data in the US boosted investors’ risk appetite. In economic news, on a seasonally adjusted basis, … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar advanced on optimism over Euro-zone debt crisis
For the 24 hours to 23:00 GMT, USD declined 0.74% against the CAD to close at 1.0347. Loonie rose on renewed investor’ hopes that European leaders would make progress on resolving the Euro-zone’s debt crisis In the Asian session, at … Continue reading
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USD/CAD: Canadian Dollar declined amid poor Italian bond auctions, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.19% against the CAD, on Friday, to close at 1.0490, as disappointing Italian bond auctions weighed on investor sentiment. The rise in Italian borrowing costs after a disappointing auction of Italian … Continue reading
Posted in USD/CAD
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USD/CAD: Pair trading just above its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.06% against the CAD to close at 1.0471. In the Asian session, at GMT0400, the pair is trading at 1.0488, with the USD trading 0.17% higher from yesterday’s close. The pair … Continue reading
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USD/CAD: Canadian dollar weakened as risk aversion rose, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.88% against the CAD to close at 1.0477, as the commodity-linked currency was weighed down by declining crude oil prices. Canadian dollar came under pressure after a disappointing bond auction in … Continue reading
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USD/CAD: Canadian dollar gets mild boost over strong Canadian retail sales data, trading lower in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.11% against the CAD to close at 1.0385, following strong Canadian retail sales data. Retail sales in Canada rose 1.0% (M-o-M) to C$38.2 billion in September. In the Asian session, at … Continue reading
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USD/CAD: Loonie declined over US debt impasse, trading flat this morning
For the 24 hours to 23:00 GMT, USD rose 1.07% against the CAD to close at 1.0396, as the US deficit impasse and uncertainty over Euro-zone sovereign-debt crisis spurred demand for safe-haven greenback. In Canada, the wholesale sales rose 0.3% … Continue reading
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USD/CAD: Canadian Dollar rose as inflation stays above 2%, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.12% against the CAD, on Friday, to close at 1.0272, following reports showing strong consumer price data in Canada. On an annual basis, the Consumer Price Index (CPI) in Canada rose … Continue reading
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USD/CAD: Loonie trading flat in Asian session, investors await CPI data in Canada
For the 24 hours to 23:00 GMT, USD rose 0.38% against the CAD to close at 1.0284. In Canadian economic news, the foreign investments in Canadian securities rose C$7.4 billion in September, compared to C$8.22 billion in August. Meanwhile, the … Continue reading
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USD/CAD: Canadian Dollar fell as risk aversion increases, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 1.0245, as concerns that the Euro-zone debt crisis is spreading reduced demand for high-yielding assets. In the Asian session, at GMT0400, the pair is … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues to trade lower; Canada’s manufacturing sales beat expectations
For the 24 hours to 23:00 GMT, USD rose 0.41% against the CAD to close at 1.0210. The Canadian dollar weakened against its U.S. counterpart, dragged down by continuing fears of a debt contagion in Europe. However the decline was … Continue reading
Posted in USD/CAD
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