The Canadian dollar erased its losses against its US counterpart as core inflation data was better than predicted and after prices for crude oil jumped. The currency was flat against the Japanese yen and fell versus the euro.(…)Read the rest of Canadian Dollar Rises as Core Inflation Quickens (115 words) Posted on Forex News. Read More Canadian Dollar Rises as Core Inflation Quickens
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The overall CPI rose an expected 0.4% in the month thus matching a similar-sized increase in January 2012. This resulted in the February 2012 year-over-year rate rising to 2.6% from 2.5% the previous month. Expectations of another sizeable monthly increase reflected indications that gasoline prices have started to trend higher Read More Canadian February Core [...]
Posted in FX News | Tagged canadian, core, expected, february, inflation, more, rises, than
FXstreet.com (San Francisco) – USD/CAD reached a 3-week high of 1.0033 this Friday before pulling… For more information, read our latest forex news. Read More Forex Flash Canadian inflation expected to wane in months ahead TD Economics
Posted in FX News | Tagged ahead, canadian, economics, expected, flash, forex, in, inflation, months, td, to, wane
Canadian dollar is softening against the US dollar today, after seeing some earlier gains. Now, though, risk aversion is returning to the financial markets, and loonie is heading lower. Canadian dollar, however, retains many of its gains against the UK pound, which is embattled today. (…)Read the rest of Canadian Dollar Softens Against Dollar as Risk Aversion Returns (138 words) Posted [...]
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Canadian dollar is trading choppily today, moving between gains and losses as investors look for direction. US stock futures are lower, and that is weighing on high beta currencies, but at the same time commodities are higher providing support. 25 Vote(s) Read More Canadian Dollar Choppy Against the US Dollar
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Canadian dollar is heading higher against the US dollar today, gaining as oil prices rise, and as optimism helps high beta currencies. Loonie is getting a boost from general risk appetite today, as well as being helped along by higher oil prices. Even a drop in Canadian manufacturing hasn’t been able to keep the loonie down. (…)Read the rest of Canadian Dollar Rises on Optimism, Oil Prices [...]
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FXstreet.com (C?rdoba) – December GDP data showed a slightly stronger than expected 0.4% monthly… For more information, read our latest forex news. Read More Forex Flash Canadian GDP data confirms our positive CAD view UBS
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Canadian dollar is clinging to gains, struggling to retain the upper hand as risk aversion begins to creep into the picture. Loonie is slightly higher against the US dollar, as well as against the UK pound and the euro. (…)Read the rest of Canadian Dollar Clings to Gains (145 words) Posted on Forex News. Read More Canadian Dollar Clings to Gains
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The Canadian dollar erased its earlier gains fell today against the US dollar and the Japanese yen as politician of Greece and other European countries argue about the bailout for the Hellenic Republic. The currency maintained its gains versus the euro.(…)Read the rest of Disagreement Among Greece & EU Hurts Canadian Dollar (131 words) Posted on Forex News. Read More Disagreement Among Greece dan EU Hurts Canadian [...]
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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
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