CAD
Canadian dollar declines amid tumbling bullion prices, positive U.S. data
…volatile on worries over the European debt crisis and that the U-S could slip back into recession. The dollar had earlier moved as high as 101.6 cents US following some positive economic news from the United States, Canada’s biggest trading partner. Durable…
Canadian dollar rises amid solid U.S. durable goods orders data
…are seen in this Nov.8 2007 photo in Quebec City. THE CANADIAN PRESS/Jacques Boissinot TORONTO – The Canadian dollar moved higher against the greenback Wednesday morning following some positive economic news from the United States, Canada’s biggest trading…
Canadian dollar up amid gains in retail sales, better than expected Chinese data
…shown with U.S. dollars Tuesday, April 6, 2010 in Montreal. THE CANADIAN PRESS/Ryan Remiorz TORONTO – The Canadian dollar was higher Tuesday as investors took in a mixed reading on Canadian retail sales and stronger-than-expected purchasing managers data from…
Canadian Dollar Rises as Stock and Commodity Gains Mitigate Risk
…Canadian dollar advanced against most of its major counterparts as a boost in global equities and commodities encouraged demand for higher-yielding assets. The loonie, as the currency is sometimes known, climbed for a second day against the U.S. currency…
Canadian Dollar Likely to Weaken Near Term
…from cutting rates over the next year. Yet we view the near-term uncertainty to continue to support the dollar/Canadian dollar currency pair (USD/CAD). Overall, in the coming weeks we expect USD/CAD to move above parity as the potential for further declines…
Canadian Dollar Rises as Gain in Stocks, Commodities Buoys Demand for Risk
…assets. The loonie, as the currency is sometimes known, climbed for a second day against the U.S. currency before a report tomorrow forecast by economists to show Canadian retail sales rose the most since November. “The lack of financial sector blowup is…
Canadian dollar inches higher
…dollar was firmer against the U.S. currency at midday Friday, reassured by testimony from top Canadian policymakers that while risks remain in the global economy, Ottawa is ready to intervene in case of major world turmoil. In testimony before a parliamentary…
Forex: CAD Strength To Be Short-Lived, Euro Weakness Ahead
…to appreciate throughout the North American trade as risk appetite appears to be flowing back into the currency market. Price growth in Canada increased at an annualized pace of 2.7% in July amid forecasts for a 2.8% print, while the core rate of inflation…
Canadian Dollar Approaching Parity With USD on Global Recession Fears
…so you should not invest money which is which it can’t afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market.Any comments made on Forex…
USD/CAD: Trading the Canadian Consumer Price Report
…pledge to ‘carefully consider’ future rate hikes as given the slowdown in growth and inflation. The Canadian dollar lost ground following the report, with the USD/CAD pushing back above 0.9500, but the loonie recouped some of the losses during the North American…
USD-CAD: Further Drop Expected
…immediate attention, there is potential toward CAD0.9640 in the coming days. This constructive view of the Canadian dollar is partly predicated on the return of greater stability to the equity markets in general and the S&P 500 in particular. Using 30- and…
Canadian dollar retreats against U.S. dollar as investors turn to gold
…- The Canadian dollar slid against the U.S. dollar Tuesday as commodity prices also slumped amid some worrisome economic growth figures from North America and abroad. The loonie lost 0.23 of a cent to 101.82 cents US at the close of markets after traders once…
Canadian dollar loses ground
…The Canadian dollar slid about half a cent against the U.S. dollar Tuesday as commodity prices also slumped amid some concerning economic growth figures from North America and abroad. The loonie lost 0.52 of a cent to 101.53 cents US in pre-market trading…
USD-CAD: Possibility of Downward Consolidation
…YORK (fxtechstrategy.com) — Although we still hold our upside outlook on the dollar-Canadian dollar currency pair, the risk is for the pair to continue to consolidate with a possible downside bias. This comes on the back of USD-CAD’s shooting-star candle…
Canadian Dollar Depreciates on Anemic European Growth, Crude Oil Decline
…BMO Capital Markets unit, in a telephone interview. “The risky currencies struggled overnight. Dollar-Canada just felt the brunt of that.” The Canadian currency depreciated 0.7 percent to 98.60 cents per U.S. dollar at 8:01 a.m.
Canadian dollar gains ground against U.S. dollar as trader sentiment improves
…on global markets. Flaherty says he still plans to eliminate the deficit by 2014. Wallbridge is an established Canadian-based company whose mission is to explore for and develop nickel, copper and platinum group element deposits Visit CEO Clips to watch interviews…
Canadian dollar gains ground against U.S. dollar
…Meanwhile, gold added $3.90 to US$1,746.50 per ounce and copper gained a penny to US$4.03 a pound. Key Canadian data to be released this week will be Friday’s consumer price report, which will give traders a notion of how much inflation is affecting consumer…
USD/CAD Daily Fundamental Analysis for August 15, 2011
…any downside movements are not expected to prevail for long, since risk aversion will provide the USD/CAD pair with the needed bullish momentum. The U.S. economy will start the data this week with the Empire Manufacturing for August at 12:30 which is expected…
USD/CAD Outlook – August 15-19
The Canadian dollar was a victim of the global turmoil that began with its southern neighbor. Inflation data is the main event this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. USD/CAD daily chart with
Canadian Dollar Declines for Third Week as Global Economy Slows
…we’ve seen tremendous intraday activity, we’re not that far from where we started five days ago.” The Canadian currency depreciated 0.5 percent to 98.73 cents versus the U.S. dollar from 98.20 on Aug. 5. One Canadian dollar buys $1.01290
