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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: CAD rose on upbeat Chinese GDP data, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.92% against the CAD to close at 0.9567. Canadian dollar advanced against the greenback supported by strong Chinese economic data and surge in the crude oil prices. Chinese Gross Domestic Product … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie advanced on higher oil prices, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.34% against the CAD to close at 0.9656. Canadian dollar strengthened against the US dollar amid rise in the commodity prices In Canada, the trade deficit narrowed to C$814 million in … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie slides as euro debt worries push investors to safe haven greenback
For the 24 hours to 23:00 GMT, USD rose 0.60% against the CAD to close at 0.9689. Canadian dollar weakened against the greenback yesterday, as fresh euro zone debt problems hurt investor demand for commodity-linked currencies. In economic news, Mortgage … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues to slip in Asian session
For the 24 hours to 23:00 GMT, USD rose 0.26% against the CAD, on Friday, to close at 0.9609. Canadian dollar declined against the greenback as the weak US jobs data raised investors concerns that the US economic recovery would … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading below its MA’s
For the 24 hours to 23:00 GMT, USD rose 0.65% against the CAD to close at 0.9584. In the US, the ADP national employment report showed that the private sector employment increased by 157,000 jobs in June following a downwardly … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower this morning
For the 24 hours to 23:00 GMT, USD rose 0.16% against the CAD to close at 0.9647, after China’s interest rate hike reduced the demand for high yielding assets. In the US, the mortgage application volume, on a seasonally adjusted … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.38% against the CAD to close at 0.9632. The Canadian dollar slipped for a second session against the greenback, yesterday, after a major ratings agency downgraded Portugal and as poor European … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie continues to decline
For the 24 hours to 23:00 GMT, USD rose 0.07% against the CAD to close at 0.9596. The Canadian dollar declined against the greenback over investors’ speculation that the recent advance was overdone. In Canada, the industrial product price index … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading flat in Asian session
For the 24 hours to 23:00 GMT, USD declined 0.64% against the CAD, on Friday, to close at 0.9581. In the US, the Thomson Reuters/university of Michigan final index of consumer sentiment fell to a reading of 71.5 in June, … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian Dollar pauses rally after April GDP report
For the 24 hours to 23:00 GMT, USD declined 0.35% against the CAD to close at 0.9643. Loonie surged against its major counterparts, boosted by rise in commodity prices and easing of Greece’s debt concerns. In the US, the St. … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie advances on inflation, commodity surge, trading flat in Asian session
For the 24 hours to 23:00 GMT, USD declined 1.45% against the CAD to close at 0.9677. Rise in Canadian dollar was boosted by domestic inflation data, that further raised investors speculations that the central bank would soon raise interest … Continue reading
Posted in USD/CAD
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