The Canadian dollar dropped today versus safer currencies as macroeconomic fundamentals were surprisingly bad both in Canada and in the United States. The currency still managed to outperform the euro after the earlier drop.(…)Read the rest of Fundamentals in US & Canada Surprisingly Bad, Loonie Dips (96 words) Posted on Forex News. Read More Fundamentals in US dan Canada Surprisingly Bad, Loonie Dips
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FXstreet.com (C?rdoba) – According to analysts at BMO Capital Markets, two forces have influenced… For more information, read our latest forex news. Read More Forex USD CAD Loonie is expected to weaken during the first half of 2012 BMO
Posted in FX News | Tagged 2012, bmo, during, expected, first, forex, half, is, loonie, of, the, to, usdcad, weaken
Canada’s gross domestic product fails to expand for the first time in five months in October, reflecting lower pace of recovery in the world’s tenth largest economy which has been vulnerable to spreading sovereign crisis in Europe and overheating domestic housing market. Read More Loonie Remains Strong despite Flat October Canada GDP
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The Canadian dollar closed below the opening level today as Fitch Ratings came in and knocked down the positive market sentiment by signaling that France’s top credit ranking may be in danger.(…)Read the rest of Loonie Drops as Fitch Spoils Market Sentiment (150 words) Posted on Forex News. Read More Loonie Drops as Fitch Spoils Market Sentiment
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The summit of the European Union nations last week set the mood for this week and it wasn’t the optimistic one. The Canadian dollar felt the weight of the negative sentiment, but the week wasn’t altogether bad for Canada’s currency.(…)Read the rest of Loonie Still Feels Disappointment from EU Summit (172 words) Posted on Forex News. Read More Loonie Still Feels Disappointment from EU Summit
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The Canadian dollar jumped after the Bank of Canada left the main interest rate unchanged. The positive fundamentals may spur the Canadian currency even further to the upside.(…)Read the rest of Loonie Climbs After BoC Policy Decision (171 words) Posted on Forex News. Read More Loonie Climbs After BoC Policy Decision
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Earlier, several central banks announced coordinated action to keep US dollars cheaper. The move has prompted a gain in risk appetite that is helping the Canadian dollar today on the Forex market. (…)Read the rest of Loonie Surges as Central Bank Move Sinks Greenback (139 words) Posted on Forex News. Read More Loonie Surges as Central Bank Move Sinks Greenback
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The Canadian dollar strengthened today after the positive fundamental report lead to optimism among investors that was further reinforced by the good news from Europe.(…)Read the rest of Loonie Makes Way Higher as Tensions Recede (98 words) Posted on Forex News. Read More Loonie Makes Way Higher as Tensions Recede
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By Malcolm Morrison, The Canadian Press | November 08, 2011 A Canadian dollar, left, and a Euro is seen next to a series of US dollars Wednesday, January 26, 2011 in Montreal. THE CANADIAN PRESS/Paul Chiasson TORONTO – The Canadian dollar was lower … 27 Vote(s) Read More Loonie lower, confidence vote reinforces worries over [...]
Posted in FX News | Tagged confidence, crisis, debt, italys, loonie, lower, over, own, reinforces, vote, worries
The optimism about Europe has left markets and traders were leaving riskier currencies, especially the euro. As a result, the Canadian dollar fell versus the ”safe” yen, but gained against the euro.(…)Read the rest of Loonie Higher vs. Euro, Lower vs. Yen as Concerns for Europe Return (159 words) Posted on Forex News. Read More Loonie Higher vs Euro, Lower vs Yen as [...]
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