USD/CAD: Pair showing convergence with its MA’s, trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 0.50% against the CAD to close at 1.0229. Canadian dollar fell against the greenback, as risk appetite declined for riskier assets, amid poor traded data from China. Meanwhile, in Canada, the … Continue reading

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USD/CAD: Loonie rose on higher risk appetite, trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 1.01% against the CAD to close at 1.0178. Canadian dollar rose as investors’ risk appetite increased after the European officials agreed on a plan to recapitalize the region’s banks. In Canada, … Continue reading

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USD/CAD: Loonie weakens as risk appetite fades

For the 24 hours to 23:00 GMT, USD rose 0.14% against the CAD to close at 1.0282. Canadian dollar declined against the greenback as investors speculated that the European officials may fail to halt the region’s sovereign-debt crisis before it … Continue reading

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USD/CAD: Canadian dollar loses steam in the Asian session

For the 24 hours to 23:00 GMT, USD fell 1.15% against the CAD to close at 1.0268. In the Asian session, at GMT0300, the pair is trading at 1.0295, with the USD trading 0.26% higher from the New York close. … Continue reading

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USD/CAD: Canadian dollar trading below its MA’s

For the 24 hours to 23:00 GMT, USD traded steady against the CAD, on Friday, to close at 1.0380. In economic news, the Canadian economy added 60,900 jobs in September, rising from the prior contraction of 5,500 in August. Meanwhile, … Continue reading

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USD/CAD: Canadian dollar rises on higher risk appetite

For the 24 hours to 23:00 GMT, USD declined 0.34% against the CAD to close at 1.0381. Canadian dollar gained against the greenback as attempts by the eurozone officials to contain the debt crisis soothed investors concerns, boosting appetite for … Continue reading

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USD/CAD: Canadian dollar trading lower; market awaits Ivey PMI data in Canada

For the 24 hours to 23:00 GMT, USD declined 1.15% against the CAD to close at 1.0416. In the US, the Institute for Supply Management reported that its non-manufacturing index declined to 53.0 in September, compared to 53.3 posted in … Continue reading

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USD/CAD: Pair trading between its MA’s

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0537. In the Asian session, at GMT0300, the pair is trading at 1.056, with the USD trading 0.22% higher from the New York close. … Continue reading

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USD/CAD: Loonie trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 0.48% against the CAD to close at 1.0540. Loonie declined against the greenback as investors sold off high yielding assets amid a sharp decline in oil prices and Euro zone debt … Continue reading

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USD/CAD: Canadian dollar continues to trade lower in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.93% against the CAD, on Friday, to close at 1.0478. Canadian dollar declined against USD amid concerns that slowdown in global would lead to a decrease in exports and revenue of … Continue reading

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USD/CAD: Canadian dollar trading flat, Awaits GDP data in Canada

For the 24 hours to 23:00 GMT, USD rose 0.32% against the CAD to close at 1.0381.In the US, initial jobless claims fell to 391,000 in the week ended 24 September 2011, while continuing claims slipped to 3.729 million in … Continue reading

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