Canadian Dollar Drops on Speculations About End of Fed’s QE
The Canadian dollar dropped today as speculations about reduction of quantitative easing by the US Federal Reserve continued, trimming risk appetite of investors and making them less willing to buy risky currencies.
USD/CAD trims gains after weak US data
A separate report showed that consumer price inflation in the U.S. fell 0.4% in April, compared to expectations for a 0.2% decline, down for a second consecutive month. Meanwhile, the Commerce Department said the number of building permits issued in ...
USD/CAD: Prepping for US Economic Data
It's another key day for US economic data. As debate heats up about the timing of a possible exit of QE3, economic data is becoming even more importan...
GBP/CAD testing the1.550 handle - FXstreet.com
GBP/CAD has taken a hit from the highs 1.5577 in yesterdays trade with strong offers at the top of the price action and psychological 1.5600 territory, lasted printed earlier in the month in a descending channel from 1.5825, 25th April highs. Eyes are ...
USD/CAD: Pair Trading Tad Higher This Morning
For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0157.In Canadian economic news, manufacturing shipments dropped unexpectedly by 0.3% (MoM) in March, compared to a revised 2.8% increase recorded in the previ
CAD/JPY Daily Outlook- May 16, 2013 - DailyForex.com
This is because Japan imports 100% of its oil, while Canada of course is a large exporter. As oil prices go, so does this market. With that being said, a weakening Yen should continue to push his market higher as long as we still have reasonable oil ...
Economic growth at 5.5-6.5% in 2013: Moody's
Concerned over widening CAD mainly due to high gold imports, both the government and the Reserve Bank are taking steps to check imports. CAD touched an all-time high of 6.7% in October-December 2012 quarter. Noting that the growth has recently fallen ...
USDCAD: With Oil Goes The CAD
This relationship hasn't broken down as of late, and over the past 5 years the rise in oil has corresponded with a rise in the CAD. The peak in oil prices was May 2nd, 2011, which was followed by a peak in the CAD a few months later on July 26th. In ...
USD/CAD trims gains after disappointing US data
The data came after the U.S. Department of Labor said producer price inflation fell 0.7% in April, more than the expected 0.6% fall, after a 0.6% decline the previous month. Core producer price inflation, which excludes good and energy, rose 0.1% last ...
USD/CAD retraces back to 1.0200 after PPI in US
The USD/CAD has been climbing higher Wednesday, having broken above the 1.0200 level earlier. Indeed, after peaking at the 1.0221 mark (intraday maximum), the cross has now moved to the 1.0200 region after the publication ...
USD/CAD: Loonie Continues To Trade Lower In The Asian Sessio
For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CAD to close at 1.0185.In the Asian session, at GMT0300, the pair is trading at 1.0193, with the USD trading marginally higher from yesterday’s close.
Seoul shares seen up after US rally, eyes on yen
INSTRUMENT LAST PCT CHG NET CHG S&P 500 1,650.34 1.01% 16.570 USD/JPY 102.20 -0.15% -0.150 10-YR US TSY YLD 1.982 -- 0.000 SPOT GOLD $1,426.75 0.10% 1.360 US CRUDE $94.27 0.06% 0.060 DOW JONES 15215.25 0.82% 123.57 ASIA ...


