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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 falls on gloomy global outlook, regains in Asian session
For the 24 hours to 23:00 GMT, USD rose 1.44% against the CAD to close at 1.0348. Canadian dollar declined sharply against the greenback amid decline in commodity prices and amid doubts about the ability of Euro zone to solve … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie advanced on higher risk appetite, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.52% against the CAD to close at 1.0201. Canadian dollar rose against the greenback amid a rise in the commodity prices, supported by improved investors risk appetite over rising optimism for … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar trading higher as risk aversion eases
For the 24 hours to 23:00 GMT, USD declined 0.19% against the CAD to close at 1.0254. Loonie gained against the greenback as reports that European officials are weighing a broad plan to control the region’s debt crisis reduced fears … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie down on Greece concerns and recession fears
For the 24 hours to 23:00 GMT, USD rose 0.19% against the CAD, on Friday, to close at 1.0299. Canadian dollar declined against USD, as concerns of a Greek default and festering concerns over a possible recession weighed on investor … Continue reading
Posted in USD/CAD
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USD/CAD: Tumbling oil prices kept Loonie lower, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 2.16% against the CAD to close at 1.0280. Loonie declined against the greenback as drop in the oil prices and signs of slowing growth in China and Germany encouraged investors to … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar fell after Fed indicated ‘Downside Risks’ to the US Economy
For the 24 hours to 23:00 GMT, USD rose 1.25% against the CAD to close at 1.0062. Canadian dollar declined sharply against the greenback, after the Federal Reserve’s statement indicating “significant downside risks” to the economy reduced appeal for high … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar trading flat this morning ahead of CPI data in Canada
For the 24 hours to 23:00 GMT, USD traded slightly lower against the CAD to close at 0.9938. This morning, the International Monetary Fund (IMF) downgraded the forecast for Canada, stating that Canada’s jobless rate would tick higher this year … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar dropped on risk aversion, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 1.25% against the CAD to close at 0.9940. Canadian dollar declined sharply against the greenback as renewed concerns over the Greece debt concerns diminished the appeal for high-yielding assets. In the … Continue reading
Posted in USD/CAD
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USD/CAD: Pair trading between its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.47% against the CAD, on Friday, to close at 0.9795. Canadian dollar rose against the greenback after a report showed greater-than-forecasted purchases of Canadian securities by foreign investors. The foreign investment … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Dollar rose after ECB’s liquidity plan, trading flat this morning
For the 24 hours to 23:00 GMT, USD declined 0.57% against the CAD to close at 0.9841. Canadian dollar rose against the greenback, after the European Central Bank (ECB) announced that it would make more US dollars available to struggling … Continue reading
Posted in USD/CAD
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USD/CAD: Pair converging with its MA’s
For the 24 hours to 23:00 GMT, USD rose 0.40% against the CAD to close at 0.9897. Canadian dollar declined against the greenback amid decline in the oil and metal prices, raising speculation that the global economic slowdown would hamper … Continue reading
Posted in USD/CAD
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