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Canadian Dollar Steady As Market Shrugs Off US Data

…for a widening yield differential between these neighboring countries. The U.S. dollar was at C$0.9836 late Thursday, from C$0.9833 late Wednesday, according to data provider CQG.

Preview: Taking Advantage of BOJ Easing – Targeting GBP/JPY & CAD/JPY

…central bank and the market pricing in a rate hike later this year by the Bank of Canada. As a result the Canadian dollar has a stronger fundamental bias and if we have a fundamental catalyst where the BOJ does announced further easing – especially the higher…

USD/CAD Pushing Back Above the 200-Day Average

…act of any kind whatsoever. The information published and is provided by MIG BANK for personal use and for purposes only and are to change without notice. MIG BANK makes no representations (either expressed or implied) that the information and opinions expressed…

Canadian Dollar Rises to Highest Since September on Rates

…in the world’s 10th- largest economy will add to the currency’s allure. The Canadian currency is 0.9 percent higher during the past week for the best performance among 10 currencies tracked by Bloomberg Correlation-Weighted Indexes. Bank of Canada Governor…

Don’t blame it all on gold: CAD crisis is self-created

…expected CAD. Sure, gold imports are a noticeable factor in worsening the CAD, but they aren’t the cause of it. On the other hand, look at what gold does for us. In 1991, when the country was up the creek without a paddle, we had to pawn our gold.

Canadian Dollar Likely to Strengthen, FX Report by Top Financial Newsletter Profit Confidential

…and almost everything in between. The higher commodities go, the higher the Canadian dollar goes,” says Cekerevac. “This is combined with the fact that the Canadian government is very well managed financially, with some estimating that the Canadian budget…

Canadian Dollar (CAD) Technical Major Currencies (2012-04-26)

loonie maintained the bearish direction yesterday breaking below the multi week range bound, now price has gone extremely oversold as seen on momentum indciators, thus we may see an upside pullback before resuming the intraday downside direction today. 0

Stephen Colbert On Canadian Dollar: U.S. Must Resist ‘Scourge Of Canadian Politeness And Fiscal Sanity’

…his report, introducing a clip about the proposal for Iceland to adopt the Canadian dollar. Colbert didn’t mention that, as of now, the idea appears to be dead in the water , with the Icelandic government moving towards EU accession and, presumably, towards…

Canadian Dollar (CAD) Technical Major Currencies (2012-04-25)

Loonie reached the support area among 0.9870-0.9840, meanwhile stochastic has dipped deeply within oversold area, while the overall ranging market continues to be intact. Therefore, we another upside rebound from this area is likely; otherwise a break be

John Edwards trial: a cad, or a cad and a felon?

…crime,” said defense attorney Allison Van Laningham. Is Edwards a cad, or a cad and a felon? That’s the decision jurors will make in a trial that’s expected to last six weeks.

USD/CAD – Loonie Strengthens After Initial Reaction to CAN Retail Sales Data

…get fundamental analysis , technical setups, trade plan assessments for Oil, USD/CAD, and other currency pairs. Fan Yang CMT is a trader, analyst, educator and Chief Technical Strategist for FXTimes – provider of Forex News, Analysis, Education, Videos, Charts…

Canadian dollar makes slight gains against U.S. greenback as commodities rise

TORONTO – The Canadian dollar made slight gains against its U.S. counterpart Tuesday morning as commodity prices rebounded and traders took in some disappointing retail sales figures. The loonie added 0.2 of a cent to 100.93 cents US. The January crude o

Canadian Dollar Pares Gain After Retail Sales Fall

…retail sales numbers “provided a bit of a bounce” for the U.S. dollar versus the Canadian dollar, said Matt Perrier, Toronto-based director of foreign exchange at Bank of Montreal, in a telephone interview. “The numbers came in weaker than expected. We’re…

Canadian Dollar Depreciates to 1-Week Low on Safety Bid

…an election in France worsened prospects for the euro-zone debt crisis. The Canadian currency appreciated the most since March last week against the greenback after Bank of Canada policy makers suggested interest-rate increases this year were more likely….

Canadian Dollar (CAD) Technical Major Currencies (2012-04-23)

Weekly Report 23/04 -27/04/ 2012 The 20 and 50 exponential moving averages has been forming a good resistance that halted the recent upside attempts although we have seen stability above the main ascending support shown on image. Meanwhile RSI is below 5

USD/CAD Outlook April 23-27

…very clear and strong line on the chart. I turn from neutral to bearish on USD/CAD. The hawkish words from the BOC, together with Canada’s strong employment figures keep the loonie strong despite more signs of weakness from its main market: the US.

Canadian Dollar to Hold Range on Slower Consumption, BoC Testimony

…Canadian dollar pared the decline from earlier this month as the Bank of Canada raised its fundamental assessment for the region, but the loonie may struggle to hold its ground next week as the economic docket is expected to reinforce a weakened outlook for…

Canadian Dollar Gains on Speculation CPI Will Back Carney

…of Canada in Toronto, in a telephone interview. “People are also selling dollar-Canada on the back of improved global sentiment.” Canada’s currency, nicknamed the loonie, advanced 0.4 percent to 99.14 cents per U.S. dollar at 8:02 a.m. in Toronto.

Canadian Dollar (CAD) Technical Major Currencies (2012-04-20)

The pair rallied yesterday and price pushed to trade back among the upside biased channel shown on image. However, stochastic enters overbought area now, meanwhile the 50-exponential moving average forms a resistance at the current levels. Stability belo

Several Counterfeit Canadian Dollar Bank Drafts Negotiated by ON, AB and QC Lawyers

…name for more information] The Royal Bank has advised us that several counterfeit Canadian dollar bank drafts have been negotiated by lawyers (4 in Ontario, 3 in Alberta and 1 in Quebec). These drafts are drawn on RBC transit 05142 003 and are payable to individual…

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