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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 manufacturing activity cools to a six-month low level in August
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3098. On the economic front, Canada’s RBC manufacturing PMI declined to a level of 51.1 in August, hitting its lowest level … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s economy shrank in second quarter of 2016
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3106. The Canadian Dollar lost ground, after Canada’s annualized gross domestic product (GDP) dropped by 1.6% on a quarterly basis in … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s current account deficit widened in Q2 2016
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3089. Macroeconomic data indicated that, Canada’s current account deficit climbed less-than-anticipated to a level of C$19.9 billion in 2Q 2016, compared … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD ended flat against the CAD and closed at 1.3015. In the Asian session, at GMT0300, the pair is trading at 1.3023, with the USD trading 0.06% higher against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CAD and closed at 1.2916. In the Asian session, at GMT0300, the pair is trading at 1.2909, with the USD trading slightly lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CAD and closed at 1.2925. In the Asian session, at GMT0300, the pair is trading at 1.2921, with the USD trading marginally lower 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 0.13% against the CAD and closed at 1.2920. In the Asian session, at GMT0300, the pair is trading at 1.2930, with the USD trading 0.08% higher against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a stronger footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2937. In economic news, Canada’s wholesale sales rose 0.7% in June, more than market expectations for a rise of 0.1%, led … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s inflation decelerated in July
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD and closed at 1.2855. The Canadian Dollar lost ground, after disappointing economic data reignited speculation that growth has contracted in the second quarter. Data … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher, ahead of Canada’s July inflation data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.2774. In the Asian session, at GMT0300, the pair is trading at 1.2807, with the USD trading 0.26% higher against the … 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 0.12% against the CAD and closed at 1.2843. In the Asian session, at GMT0300, the pair is trading at 1.2828, with the USD trading 0.12% lower against the … Continue reading
Posted in USD/CAD
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