CAD sees a marginal rebound this morning

For the 24 hours to 23:00 GMT, USD rose 0.74% against the CAD to close at 0.9906. In Canada, retail sales declined by 0.2% (M-o-M) to reach $35.5 billion, down from a rise of 1.5% in November. In the US, … Continue reading

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USD recoups yesterday’s losses this morning

For the 24 hours to 23:00 GMT, USD declined 0.22% against the CAD to close at 0.9833. In the Asian session at 4:00GMT, the pair is trading at 0.9862, 0.29% higher from the New York session close. The first area … Continue reading

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Flattish trade continues

For the 24 hours to 23:00 GMT, USD rose 0.09% against the CAD on Friday to close at 0.9858. Consumer prices in Canada rose 2.3% (Y-o-Y) on an annual basis in January, following a 2.4% increase recorded in December. Additionally, … Continue reading

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Witnessing flat trading

For the 24 hours to 23:00 GMT, USD declined 0.04% against the CAD to close at 0.9849. In the US, the leading indicator rose 0.1% (M-o-M) in January than 0.8% in December. In the Asian session at 4:00GMT, the pair … Continue reading

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Monetary policy report in Canada awaited

For the 24 hours to 23:00 GMT, USD declined 0.45% against the CAD to close at 0.9853. In the US, industrial production decreased 0.1% in January 2011, after having risen 1.2% in December, while capacity utilization rate came in at … Continue reading

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Gains in CAD muted this morning

For the 24 hours to 23:00 GMT, USD rose 0.04% against the CAD to close at 0.9896. In the Asian session at 4:00GMT, the pair is trading at 0.9880, 0.16% lower from the New York session close. The first area … Continue reading

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CAD recoups yesterday’s losses

For the 24 hours to 23:00 GMT, USD rose 0.21% against the CAD to close at 0.9893. In the Asian session at 4:00GMT, the pair is trading at 0.9872, 0.21% lower from the New York session close. The first area … Continue reading

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Losses continue in morning session

For the 24 hours to 23:00 GMT on Friday, USD declined 0.89% against the CAD to close at 0.9871. In the Asian session at 4:00GMT, the pair is trading at 0.9859, 0.12% lower from the New York session close. The … Continue reading

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Canadian trade data awaited today

For the 24 hours to 23:00 GMT, USD rose 0.25% against the CAD to close at 0.9960. In Canada, the New Housing Price Index (NHPI) rose 0.1% in December, following a 0.3% advance in November. In the Asian session at … Continue reading

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Continues to trade higher than short term moving averages

For the 24 hours to 23:00 GMT, USD declined 0.13% against the CAD to close at 0.9935. In the Asian session at 4:00GMT, the pair is trading at 0.9951, 0.16% higher from the New York session close. The first area … Continue reading

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Loonie weighed down by Chinese interest rate hike

For the 24 hours to 23:00 GMT, USD rose 0.46% against the CAD to close at 0.9949. The Chinese central bank has raised the benchmark deposit and lending rates by 25 basis points, for the third time since October last … Continue reading

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