The Canadian dollar pared losses on Friday against the greenback after data showed Canada’s trade surplus unexpectedly grew to a three-year high in December from November, partly offsetting news of a setback in Greek bailout talks. 5 Vote(s) Read More Dollar pares losses after Canadian trade data
The Canadian dollar was little changed against its US counterpart on Thursday morning as worries about a disorderly Greek default offset momentum from encouraging US jobs data and positive European bond auctions. 23 Vote(s) Read More Canadian dollar little changed as Greek fears weigh
The Canadian dollar erased gains to trade unchanged on Friday after a report showed the US economy, the destination for most Canadian exports, grew at a slower-than-expected rate in the fourth quarter. The Canadian dollar traded at … 28 Vote(s) Read More Canadian dollar erases gains after US GDP data
Read More Canadian Dollar Trendline Turns back Bears USDCAD Bulls
Earlier, the Canadian dollar was gaining on the demand for riskier assets. Yesterday’s demand for higher yielding assets helped the loonie gain versus its counterparts. However, some of that momentum is being lost right now as a bit of risk aversion sets in. (…)Read the rest of Canadian Dollar Losing Momentum on Risk Aversion (137 words) Posted on Forex News. Read More Canadian Dollar Losing [...]
We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, … 5 Vote(s) Read More Canadian dollar at [...]
Canadian dollar is largely mixed in forex trading today, looking for direction as concerns about the oil supply mesh with speculation about what’s next for the global economy. (…)Read the rest of Canadian Dollar Mixed in Forex Trading (143 words) Posted on Forex News. Read More Canadian Dollar Mixed in Forex Trading
The October manufacturing sales report indicated that activity dropped 0.8% in the month following strength in September when sales rose 2.6% (and over the past three months, which have seen average monthly increases of 2.4%). Expectations were for a slightly more moderate decline of 0.6%. On a volumes basis, activity Read More Canadian Manufacturing Sales [...]
The market value of Canadian household net worth declined by 2.1% ($134 billion) in the third quarter of 2011 to $6.2 trillion. The deterioration of household balance sheets follows the 0.3% ($19 billion) decline seen in the previous quarter that pulled net worth from the record high seen in first Read More Canadian Household Net [...]
The euro to Canadian dollar exchange rate is 0.41% lower with EUR CAD at 1.3560. The US dollar to Canadian dollar exchange rate is 0.83% higher with USD CAD at 1.0254. "Declines in gold, crude oil and copper today would ordinarily be a more of a drag … 23 Vote(s) Read More Canadian dollar manages [...]
Forex Boy