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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 trading flat in the Asian session, ahead of Canadian manufacturing PMI data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.2497. In the Asian session, at GMT0300, the pair is trading at 1.2497, with the USD trading flat against the CAD … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian economic growth accelerated in May
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.88% against the CAD and closed at 1.2440 on Friday. The Canadian Dollar gained ground, following robust Canadian GDP figures. Data indicated that Canada’s GDP sharply expanded by … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP report
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CAD and closed at 1.2551. On the macro front, Canada’s CFIB business barometer index fell to a level of 60.7 in July, after recording a … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.2453. In the Asian session, at GMT0300, the pair is trading at 1.2434, with the USD trading 0.15% lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading slightly higher this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.2510. In the Asian session, at GMT0300, the pair is trading at 1.2507, with the USD trading marginally lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: IMF forecasted stronger economic growth for Canada in 2017
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2510. Yesterday, the IMF raised its growth outlook for Canadian economy, now expecting it to grow by 2.5% in 2017, up … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian annual inflation grew at its weakest pace in nearly 2 years in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.2538 on Friday. The Canadian Dollar gained ground, after Canada’s retail sales rose more-than-anticipated by 0.6% MoM in May, climbing for … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad lower, ahead of Canada’s inflation data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2596. In the Asian session, at GMT0300, the pair is trading at 1.2602, with the USD trading slightly higher against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2600. On the data front, Canada’s manufacturing shipments climbed 1.1% MoM in May, topping market consensus for a rise of 0.8%. … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.2623. In the Asian session, at GMT0300, the pair is trading at 1.2638, with the USD trading 0.12% higher against the … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s existing home sales declined by the most since 2010 in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD and closed at 1.2688. The Canadian Dollar fell against the USD, after data showed that Canada’s existing home sales dropped 6.7% on a monthly … Continue reading
Posted in USD/CAD
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