Canadian dollar is benefiting from improved sentiment today. A general feeling of risk appetite has returned to the Forex market, thanks to encouraging economic news out of the United States and Germany. Loonie is also finding some support against the US dollar as a commodity currency, with oil prices on the rise. (…)Read the rest of Economic Data Helps Loonie (131 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged data, economic, helps, loonie
Canadian dollar dropped earlier in trading as the news about US retail data caused a general pull back for riskier currencies. Since the United States is a major trading partner, the news about retail sales was a bit of a blow for the loonie. However, some of the losses have been pared as oil prices top $101 a barrel and as the ZEW shows hope for the eurozone economy. (…)Read the rest of Loonie Pares Some of [...]
Posted in FX News | Tagged against, greenback, its, loonie, losses, of, pares, some, the
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
Posted in FX News | Tagged bad, canada, dips, fundamentals, in, loonie, surprisingly, us
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
Posted in FX News | Tagged canada, despite, flat, gdp, loonie, october, remains, strong
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
Posted in FX News | Tagged disappointment, eu, feels, from, loonie, still, summit
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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