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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 extends its losses in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.2932. In economic news, Canada’s existing home sales declined by 0.9% on a monthly basis in June, falling for second consecutive … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CAD and closed at 1.2894. On the data front, Canada’s new housing price index advanced 0.7% on a monthly basis in May, higher than market … Continue reading
Posted in USD/CAD
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USD/CAD: Bank of Canada left its key interest rate unchanged at 0.5%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD and closed at 1.2979. The Canadian Dollar gained ground yesterday, after the Bank of Canada (BoC), in a widely expected move, held its key … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower, ahead of BoC’s monetary policy decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.3043. In the Asian session, at GMT0300, the pair is trading at 1.3069, with the USD trading 0.2% 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 0.56% against the CAD and closed at 1.3111. On the data front, Canada’s seasonally adjusted housing starts advanced more-than-expected to 218.3K on an annual basis in June, after … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s unemployment rate surprisingly fell in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3039. Macroeconomic data indicated that Canada’s unemployment rate unexpectedly declined to 6.8% in June. Meanwhile, markets expected it to rise to … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its losses, ahead of Canada’s unemployment rate data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3006. On the data front, Canada’s seasonally adjusted Ivey purchasing managers’ index rose more-than-expected to a level of 51.7 in June, … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower, ahead of Canada’s Ivey purchasing managers’ index data for June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.2956. In economic news, Canada’s international merchandise trade deficit narrowed slightly to a level of C$3.28 billion in May, compared to … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading lower, ahead of Canada’s international merchandise trade data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CAD and closed at 1.2997. In the Asian session, at GMT0300, the pair is trading at 1.3022, with the USD trading 0.19% higher against the … Continue reading
Posted in USD/CAD
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USD/CAD: BoC survey shows subdued business sentiment in Canada
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.2852. In economic news, Canada’s RBC manufacturing PMI fell to a level of 51.8 in June and notched its weakest figure … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher, ahead of Canada’s RBC manufacturing PMI data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD to close at 1.2908. In the Asian session, at GMT0300, the pair is trading at 1.2898, with the USD trading 0.08% lower against the … Continue reading
Posted in USD/CAD
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