Traders Feel Doubts About EU Rescue Plans, CAD Suffers
The Canadian dollar weakened today after stocks declined as traders speculated that the European leaders would experience problems on their way to drag the European Union out of crisis.
U.K. Unemployment Rises to Highest Rate in 16 Years as Euro Damps Outlook
UK unemployment rose to the highest in 16 years in the quarter through November, deepening concerns Britain is heading for another recession as turmoil in the euro area damps the global economic outlook. The unemployment rate based on International ...
USD/CAD re-approaching 35-month low as crude rallies
Forex Pros The US dollar was trading close to Friday's 35-month low against its Canadian counterpart on Monday, as crude oil, Canada's largest export, rallied to a 28-month high amid escalating political unrest in Libya. USD/CAD hit 0.9829 during ...
EU Morning Report- Reserve Bank of New Zealand keeps interest rates on hold
The Australian dollar remains firm against the dollar as higher inflation data may indicate a interest rate hike. Against the greenback, the Aussie is trading near a 28-year high at 1.1079 and the pair was last trading at 1.1038. ...
Canada Housing Starts Rise More-than-expected
Multiple housing starts are expected to move back towards levels consistent with demographic fundamentals in the near term, he added. Following the release of the data, the Canadian dollar held on to losses against its US counterpart, with USD/CAD ...
Market factors to watch - Jan 12
... Europe woes > Gold hits 1-month high, breaks ranks with euro ---------------MARKET SNAPSHOT AT 0000 GMT ---------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1292.48 0.03 0.40 USD/JPY 76.86 -0.01 -0.01 US 10YR 1.91 0.20 0.00 SPOT GOLD 1642.19 ...
The Kiwi continues its upside movement versus the Greenback
On the other hand, the Australian dollars strengthened versus its US counterpart after the Federal Reserve signaled interest rates will remain near zero to stimulate economic growth. The Australian dollar continues its incline against the greenback, ...
Canadian Dollar Weakens on GDP & Interest Rates
The Canadian dollar fell today as the negative influence of the current account deficit and unchanged interest rates outweighed the positive influence of the growing economy. The currency advanced against the greenback, which was crippled by the
USD/CAD Daily Fundamental Analysis for August 26, 2011
The USD/CAD pair extended its losses on Thursday ahead of Bernanke’s speech on Friday, as investors remained cautious over the prospects of whether the Fed would announce a third round of quantitative easing or not, while the unexpected rise in U
Elliot Wave Video: Eur/cad and Eur/aud
This a detailed Elliott Wave outlook for Euro crosses such as Eur/Cad and Eur/Aud. It seems that pairs are trapped in corrective formations, but suggests euro strenght in this month.
USD/CAD Daily Asia Outlook 12/06
(Dow Jones via eFXnews) USD/CAD - to trade in higher range.Other data: 1330 GMT Canada October building permits, 1500 GMT Canada November Ivey PMI.
USD/CAD daily chart....
USD/CAD Forms Another Descending Triangle (2/24)
As expected the USD/CAD continues to be choppy, but retains the bearish bias. The daily chart shows that previously, we had a descending triangle with the base just below 1.0, parity. Now, after some sideways action, we are developing lower highs


