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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 continues to trade lower
For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD, on Friday, to close at 0.9932. In the US, the Reuters/Michigan Consumer Sentiment Index rose to 60.9 in October compared to 59.4 in the previous month. Additionally, … Continue reading
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USD/CAD: Loonie advanced as risk appetite increased, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 1.29% against the CAD to close at 0.9917, as European leaders plan to contain the debt crisis, raised appeal for high-yielding assets. A surge in crude oil prices further added to … Continue reading
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USD/CAD: Canadian dollar continues to rise versus the greenback
For the 24 hours to 23:00 GMT, USD declined 1.17% against the CAD to close at 1.0047. In the US, on a monthly basis, new orders for durable goods fell 0.8% (M-o-M) in September, following a 0.1% drop in August. … Continue reading
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USD/CAD: Loonie slides after BoC cuts growth outlook, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 1.28% against the CAD to close at 1.0166. The Canadian dollar declined after Bank of Canada (BoC) kept its overnight rates unchanged, citing greater risks to the global economy and rising … Continue reading
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USD/CAD: Loonie strengthens before BoC rate decision
For the 24 hours to 23:00 GMT, USD declined 0.50% against the CAD to close at 1.0038, ahead of a Bank of Canada (BoC) interest rate decision and as commodity prices surged. In the Asian session, at GMT0300, the pair … Continue reading
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USD/CAD: Loonie trading higher on optimism over Europe debt plan
For the 24 hours to 23:00 GMT, USD declined 0.74% against the CAD, on Friday, to close at 1.0086. Canadian dollar rose against the greenback as hopes about the solution to contain the European debt crisis ahead of a meeting … Continue reading
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USD/CAD: Loonie rebounds on renewed optimism over European debt accord
For the 24 hours to 23:00 GMT, USD declined 0.25% against the CAD to close at 1.0161, as renewed investors’ optimism that the European officials would be able to solve the debt crisis next week, spurred demand for high yielding … Continue reading
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USD/CAD: Canadian dollar slips on fresh concerns over eurozone bailout
For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 1.0186, as fresh concerns over Europe’s bailout fund saw investors sell higher-yielding currencies. In Canada, the Composite Leading Index declined 0.1% (M-o-M) in September, … Continue reading
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USD/CAD: Canadian dollar extends gains in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.72% against the CAD to close at 1.0151. Canadian dollar rose against greenback amid easing concerns that the US economy is heading into recession. In the Asian session, at GMT0300, the … Continue reading
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USD/CAD: Loonie trading flat after yesterday’s fall
For the 24 hours to 23:00 GMT, USD rose 1.30% against the CAD to close at 1.0225, as comments from German officials that eurozone officials would not be able to find a solution till October23, diminished appeal for high yielding … Continue reading
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USD/CAD: Loonie trading below its MA’s
For the 24 hours to 23:00 GMT, USD declined 1.17% against the CAD, on Friday, to close at 1.0109. Canadian dollar rose on investors’ optimism that the European officials are making progress in designing a rescue plan to contain region’s … Continue reading
Posted in USD/CAD
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