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Elliott Wave Forecast: US ...

Despite intra-day rebound to 1.0239, current retreat has retained our view that near term downside risk remains for another f

posted by GAINSY 2 hours 23 minutes ago read more >>
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USD/CAD: Pair Trading Abo ...

For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0221.

In the Asian session, at G

posted by GAINSY 6 hours ago read more >>
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Increased Domestic Produc ...

The Minister said that the major reason for our large CAD is that we have huge dependence on import of certain items like oil

posted by jingco 21 hours ago read more >>
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India needs to step up ex ...

Huge gold import is one of the reasons for India's high CAD that touched 6.7 per cent of GDP in the October-December quarter.

posted by penpip 23 hours ago read more >>
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Canadian Dollar to US Dol ...

Although the Canadian Dollar climbed against its peers yesterday as local existing home sales data exceeded expectations, the

posted by wizardfx 22 hours ago read more >>
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USD/CAD hits session high ...

USD/CAD hit 1.0214 during early U.S. trade, the pair's highest since June 13; the pair subsequently consolidated at 1.0205, g

posted by forexanalysis 1 day 6 minutes ago read more >>
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Rupee at 58.77: Hits reco ...

Despite concerns about the current account deficit, analysts say recent measures to curb gold demand could help dent imports

posted by rosales 23 hours ago read more >>
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Elliott Wave Forecast: US ...

Although the greenback has rebounded after falling to 1.0137 late last week, reckon upside would be limited to 1.0225-30 and

posted by GAINSY 1 day 3 hours ago read more >>
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Loonie Down for Third Day ...

Canadian dollar is declining against the US dollar for the third day in a row as the Federal Reserve begins its two-day meeti

posted by MMarquit 1 day 2 hours 35 minutes ago read more >>
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USD/CAD above 1.0200 ahea ...

We look for US CPI to print in line with expectations, boosted by gasoline and food prices, while housing starts may marginal

posted by realtrade 1 day 1 hour 34 minutes ago read more >>
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CAD

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Elliott Wave Forecast: USD/CAD - Buy at 1.0090

posted by Avatar GAINSY 2 hours 57 minutes ago in USD, CAD, Technical made popular 2 hours 23 minutes ago

Despite intra-day rebound to 1.0239, current retreat has retained our view that near term downside risk remains for another fall to last week's low of 1.0137, break there would extend the decline from 1.0421 top towards 1.0090-00, however, sharp read more
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USD/CAD: Pair Trading Above Its MA's

posted by Avatar GAINSY 7 hours ago in USD, CAD, Fundamental made popular 6 hours ago

For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0221.

In the Asian session, at GMT0300, the pair is trading at 1.0226, with the USD trading marginally higher from yesterday's close, ahead of the outcome of the F read more
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Increased Domestic Production of Oil, Coal & Restraining Gold Consumption ...

posted by Avatar jingco 22 hours ago in CAD, Commodities made popular 21 hours ago

The Minister said that the major reason for our large CAD is that we have huge dependence on import of certain items like oil, coal and gold. The Minister said that as the world economies are in recession, we cannot do much on the external factors. read more
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India needs to step up exports to deal with high CAD: RBI

posted by Avatar penpip 1 day 9 minutes ago in CAD, Economic Indicators made popular 23 hours ago

Huge gold import is one of the reasons for India's high CAD that touched 6.7 per cent of GDP in the October-December quarter. Mohanty said that as capital inflows to India have turned volatile, "financing of our large current account deficit has become ... read more
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Canadian Dollar to US Dollar (CAD/USD) Exchange Rate Declines on Fed ...

posted by Avatar wizardfx 1 day 1 hour 25 minutes ago in CAD made popular 22 hours ago

Although the Canadian Dollar climbed against its peers yesterday as local existing home sales data exceeded expectations, the commodity-driven currency fell against its US counterpart during local trade. The Canadian Dollar Exchange Rate was in the... read more
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USD/CAD hits session highs in early trade

posted by Avatar forexanalysis 1 day 1 hour 53 minutes ago in CAD made popular 1 day 6 minutes ago

USD/CAD hit 1.0214 during early U.S. trade, the pair's highest since June 13; the pair subsequently consolidated at 1.0205, gaining 0.20%. The pair was likely to find support at 1.0148, Monday's low and resistance at 1.0250, the high of June 11. read more
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Rupee at 58.77: Hits record closing low on CAD worries

posted by Avatar rosales 1 day 2 hours 9 minutes ago in CAD made popular 23 hours ago

Despite concerns about the current account deficit, analysts say recent measures to curb gold demand could help dent imports of the yellow metal, though any such improvements would need time to filter through. In the offshore non-deliverable forwards ... read more
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Elliott Wave Forecast: USD/CAD - Buy at 1.0135

posted by Avatar GAINSY 1 day 3 hours ago in USD, CAD, Technical made popular 1 day 3 hours ago

Although the greenback has rebounded after falling to 1.0137 late last week, reckon upside would be limited to 1.0225-30 and as long as 1.0250-55 holds, near term downside risk remains for the decline from 1.0421 top to bring one more fall, below read more
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Loonie Down for Third Day on Fed Speculation

posted by Avatar MMarquit 1 day 5 hours ago in CAD made popular 1 day 2 hours 35 minutes ago

Canadian dollar is declining against the US dollar for the third day in a row as the Federal Reserve begins its two-day meeting. The expectation that the Fed could begin reducing its asset purchases is lending strength to the greenback against th read more
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USD/CAD above 1.0200 ahead of US data

posted by Avatar realtrade 1 day 5 hours ago in CAD made popular 1 day 1 hour 34 minutes ago

We look for US CPI to print in line with expectations, boosted by gasoline and food prices, while housing starts may marginally disappoint. CPI momentum is beginning to turn higher, and even though the pace of inflation should remain subdued in May ... read more
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USD/CAD: Loonie Reverses Its Direction In The Asian Session

posted by Avatar GAINSY 1 day 8 hours ago in USD, CAD, Fundamental made popular 1 day 7 hours ago

For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0190.

Economic news indicated that foreign investors made a net investment in Canadian securities worth C$14.91 billion in April, more than the market expectations read more
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European Factors to Watch-Shares seen down on stimulus doubts

posted by Avatar ceronueve 1 day 12 hours ago in USD, EUR, JPY, CHF, CAD, AUD, Commodities made popular 1 day 11 hours ago

MARKET SNAPSHOT AT 0614 GMT: LAST PCT CHG NET CHG S&P 500 1,639.04 0.76 % 12.31 NIKKEI 13,007.28 -0.2 % -25.84 MSCI ASIA EX-JP 516.81 0.11 % 0.55 EUR/USD 1.3342 -0.19 % -0.0025 USD/JPY 94.81 0.34 % 0.3200 10-YR US TSY YLD 2.176 ... A.P. MOLLER-MAERSK ... read more