posted by
LadyGodiva
1082 days ago
in USD, CAD, Technical
As I suggested in yesterday’s market commentary for the usd to cad currency pair, the candle closed the session as a ’shooting star’, giving us a strong signal that this was merely a temporary reversal in the downwards trend, and indeed this has
posted by
makino
1083 days ago
in CAD, Weekly
Ending the week down 2.3% against the US dollar, the Canadian dollar nearly reversed all of last week's 2.7% gain. The CAD saw significant selling versus the USD as the greenback benefited from Asian central banks committing to holding US dollars
posted by
hanayoridango
1085 days ago
in CAD, Employment, Manufacturing
Canada's manufacturing heartland continued to feel the full force of the economic downturn after suffering another month of massive job losses in May, pushing the national jobless rate to an 11-year high.
posted by
friendlydude
1086 days ago
in USD, CAD, Technical
As I discussed in yesterday’s post, we are at an interesting point on the usd to cad daily chart, as we now need to make some decisions with regard to closing out our long term short positions and opening any new trades, so I will try to provide
posted by
ColdFire
1086 days ago
in CAD, Fundamental
Steven Barrow three months ago predicted Canada’s dollar would weaken 11 percent against the greenback from its four-year low of C$1.3064 as policy makers considered printing money to kick-start the world’s eighth- largest economy.
posted by
makino
1087 days ago
in CAD
Canadian financial markets are poised to outperform their global peers over the medium term and possibly for a decade to come, BMO Capital markets said in a research note Thursday.
posted by
Yohay
1087 days ago
in GBP, CAD, AUD
After the dollar retreated on all fronts, it made a huge comeback in the last 24 hours on fears that the recovery is not near at all. Review of the turnaround and a look towards the final battle tomorrow...
posted by
domyouji
1088 days ago
in USD, CAD
U.S. President Barack Obama will need a lot of political will on his side when the economy recovers and he turns his attention to slashing the country's burgeoning budget deficit.
posted by
Alex
1088 days ago
in USD, CAD
Canada’s dollar weakened from near the highest level in eight months as stocks and commodities such as crude oil fell and the Bank of Canada prepared to meet to decide monetary policy.
posted by
Regon
1089 days ago
in USD, CAD, Technical
If currency pairs were children then I would have to confess to a soft spot for the commodity dollars, and the usd to cad pair in particular, possibly because they have been very good for me and I do enjoy trading them because of their link with
posted by
Cittiperth
1089 days ago
in CAD
Canada’s dollar rose against its U.S. counterpart, trading near the highest level in almost eight months as signs a recovery in the global economy is under way burnished the appeal of currencies linked to growth.
posted by
princess
1090 days ago
in CAD
Canada's prime minister said Monday his government doesn't expect to get back the bulk of the billions it is spending to help bail out General Motors but said the country would have lost hundreds of thousands of jobs if it hadn't joined with the