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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 in Asian session
For the 24 hours to 23:00 GMT, USD rose 0.25% against the CAD to close at 0.9627. The Federal Reserve Bank of Philadelphia President, Charles Plosser stated that the US economic recovery is nearing a point where the apex bank … Continue reading
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USD/CAD: Slipping commodity prices continue to weigh on Loonie
For the 24 hours to 23:00 GMT, USD rose 0.39% against the CAD to close at 0.9603, amid fall in oil and other commodity prices. In Canada, the trade surplus increased to C$627.0 million in March, compared to a surplus … Continue reading
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USD/CAD: Loonie advanced as commodity prices rose, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.76% against the CAD to close at 0.9566, as the commodity prices rose on unexpectedly strong Chinese trade data. In the US, the wholesale inventories increased by 1.1% (M-o-M) in March … Continue reading
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USD/CAD: Flattish trade continues
For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9639, as oil and other commodities surged following big declines last week. Canada Mortgage & Housing Corporation stated that, on a seasonally adjusted basis, … Continue reading
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USD/CAD: Good news on the Canadian and US jobs front assists Loonie to trade higher
For the 24 hours to 23:00 GMT, USD traded flat against the CAD, on Friday, to close at 0.9666. In the US, the economy added 244,000 jobs in April. In Canada, the unemployment rate declined to 7.6% in April, compared … Continue reading
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USD/CAD: Loonie trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.88% against the CAD to close at 0.9665, as crude oil prices slumped below $100 per barrel on speculation of slower global economic growth. The Richard Ivey School of Business reported … Continue reading
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USD/CAD: Loonie trading lower, as commodity prices retreated
For the 24 hours to 23:00 GMT, USD rose 0.58% against the CAD to close at 0.9581, as commodity prices declined. In the US, the Dallas Federal Reserve Bank President Richard Fisher stated that he expects to argue for a … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian dollar continues to trade lower this morning
For the 24 hours to 23:00 GMT, USD rose 0.14% against the CAD to close at 0.9526. In the Asian session at 3:00GMT, the pair is trading at 0.9542, 0.17% higher from the New York session close. The first area … Continue reading
Posted in USD/CAD
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USD/CAD: Political uncertainty weighed on Loonie, trading higher in Asian session
For the 24 hours to 23:00 GMT, USD rose 0.55% against the CAD to close at 0.9513. Political uncertainty weighed on the Canadian dollar on Monday, as Canadians headed to the polls for the fourth national election in seven years. … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower in Asian session
For the 24 hours to 23:00 GMT, USD declined 0.59% against the CAD to close at 0.9447. In Canada, real GDP decreased 0.2% in February, following a rise of 0.5% in January. In the Asian session at 3:00GMT, the pair … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading high in Asian session
For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9503, amid data that showed the US economy grew at a slower pace than expected, while an increasingly uncertain Canadian election contributed to volatility. … Continue reading
Posted in USD/CAD
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