Canadian dollar

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Latest blogosphere posts tagged “Canadian dollar”

  • Forex Daily Outlook – November 12th 2009


    Forex CrunchAuthority Authority: 433
    After remembrance day, the calendar is busy once again, with employment figures from the US and Australia standing out. Let’s see what awaiting us:A big drama was seen in Britain yesterday, with good employment figures helping the Pound, before Mervyn King sent it down. GBP/USD is back down at 1.6574. Today, no ...
    16 hours ago
  • New Zealand Dollar At Risk If Commodities Start To Lose Favor


    Forex - Foreign Exchange BlogAuthority Authority: 149
    The New Zealand dollar has started to give back some of its recent gains as waning risk appetite is weighing on the high yielder. Previously, the com-dollar sharply rose taking its cue from soaring equity markets which found support on the prospect of continued government stimulus. Source:New Zealand Dollar At Risk If ...
    1 day ago
  • Canadian Dollar Hits Record High on Global Growth


    Forex NewsAuthority Authority: 480
    The Canadian currency traded at the highest level in almost a month after China posted a report indicating a sharpened growth, consequently favoring the loonie’s outlook due to Canada’s exporting economic profile, which is likely to be more favored than the U.S. in the short term of an economic ...
    1 day ago
  • Overnight Interest Rate Update 11.11.09


    Forex - Foreign Exchange BlogAuthority Authority: 149
    Read more: Overnight Interest Rate Update 11.11.09 a2a_linkname="Overnight Interest Rate Update 11.11.09";a2a_linkurl="http://www.frenzyforex.biz/2009/11/11/overnight-interest-rate-update-111109/";
    1 day ago
  • Pound May Plot New Direction If Inflation Report Influences BoE


    Forex - Foreign Exchange BlogAuthority Authority: 149
    The British pound came under pressure today after Fitch Ratings said the U.K.’s sovereign credit rating is most at risk among AAA rated nations. Sterling had previously set a three month high and was looking to extend its gains as support for the currency has been driven by the BoE refraining from adding to its [...]
    2 days ago
  • Crude Oil Above $80 Forces Canadian Dollar Up


    Forex NewsAuthority Authority: 480
    Canada is one of the main suppliers of oil to the United States, and as the barrel passed the $80 dollars mark, the Canadian currency found support to extend previous gains as investors return to purchase assets in Canada, favoring the loonie in currency markets.(...) Read the rest of Crude Oil Above ...
    2 days ago

  • Forex CrunchAuthority Authority: 433
    2 days ago
  • Timing is everything


    Niagara Falls BlogAuthority Authority: 141
    From the Toronto Sun : Explore your own backyard Tourist towns near the border with the U.S. have suffered a triple whammy in recent years. The recession, new passport rules and a strong Canadian dollar have kept Americans at home. According to statistics from Ontario Tourism, from January to June 2009 the number ...
    2 days ago
  • Risk Appetite Drives Canadian Dollar Up


    Forex NewsAuthority Authority: 480
    The Canadian dollar rallied today versus several currencies and specially against its U.S. counterpart, as stocks and commodities climbed worldwide after the Group of 20 affirmed that is relaxed policy to stimulate the world economy will be extended, increasing risk appetite in trading markets.(...) Read the ...
    3 days ago
  • Euro Driven Higher By Soaring Equity Markets


    Forex - Foreign Exchange BlogAuthority Authority: 149
    The EUR/USD reached above 1.50 and is threatening to test the yearly high of 1.5061 as a pledge from global leaders to maintain stimulus efforts has fueled risk appetite. Demand for higher yields continues to be the main driver of Euro/Dollar price action as it currently explains 58% of volatility.Excerpt from:Euro ...
    3 days ago

  • Forex CrunchAuthority Authority: 433
    4 days ago
  • USD Short Covering is Dollar Bullish


    Forex - Foreign Exchange BlogAuthority Authority: 149
    Speculators have started covering US dollar short positions and selling Euro, AUD, NZD, CAD, and CHF long positions. The evidence is US dollar bullish.Go here to read the rest: USD Short Covering is Dollar Bullish a2a_linkname="USD Short Covering is Dollar ...
    6 days ago
  • It is official- 10%+ unemployment.


    fxmadness.comAuthority Authority: 468
    For all the talk about recovery and supposedly expanding economy NFP delivered a shock to the system today. Unemployment rate is officially above 10%, at 10.2% to be exact. It is the highest rate since 1983, with nearly 16 million people looking for job, and the number is likely to grow even higher. Counting those ...
    6 days ago
  • Canadian Dollar Down on Job Figures


    Forex NewsAuthority Authority: 480
    After a lot of expectation regarding Canadian employment figures that were published today, the loonie fell drastically versus most of 16 main traded currencies and specially versus its U.S. counterpart, as negative job figures shunned investors away from assets in Canada.(...) Read the rest of Canadian Dollar ...
    6 days ago
  • Canadian Dollar Falls with Jobs


    Forex CrunchAuthority Authority: 433
    The Canadian job market made a U-turn: a huge loss of jobs was reported, and the unemployment rate jumped back up to 8.6%. USD/CAD leaped after the release, creating a hole in the chart. Note that the rise began before the official release. Was the data leaked?Canadian Employment Change showed a fall of 43.3K jobs. ...
    6 days ago
  • Yen Looks To Regain Status As Top Funding Currency From Dollar


    Forex - Foreign Exchange BlogAuthority Authority: 149
    The Yen is starting to regain its status as a funding currency as other countries begin to plan their exit strategies from current stimulus efforts. The BoJ signaled that it wouldn’t be following its counterparts lead as it expects the economy will remain in a deflationary period over the next two years.Read the ...
    1 week ago
  • Canadian Dollar Remain High Before Jobs Report


    Forex NewsAuthority Authority: 480
    The Canadian dollar remained neutral at the highest level in more than a week before an employment rate which is due to be published tomorrow, defining the outlook for the loonie for the next week, since jobs figures are an important data to measure a country’s economic conditions.(...) Read the rest ...
    1 week ago
  • Canadian Dollar Forecast Near Neutral


    Forex - Foreign Exchange BlogAuthority Authority: 149
    Originally posted here: Canadian Dollar Forecast Near Neutral a2a_linkname="Canadian Dollar Forecast Near Neutral";a2a_linkurl="http://www.frenzyforex.biz/2009/11/05/canadian-dollar-forecast-near-neutral/";
    1 week ago
  • Canadian Dollar Extends Rally Before Fed Statement


    Forex NewsAuthority Authority: 480
    The Canadian dollar continued to gain this Wednesday versus the greenback as demand for commodities produced in Canada and stocks worldwide gained significantly, raising attractiveness for the loonie even further, after several sessions of losses during the past week.(...) Read the rest of Canadian Dollar ...
    1 week ago
  • Euro Following Equity Markets Lower, ECB Rate Decision To Impact Direction


    Forex - Foreign Exchange BlogAuthority Authority: 149
    The Euro fell sharply overnight as equity markets tumbled on valuation concerns as the scope of the global recovery remains uncertain. Risk sentiment continues to be the main driver of price action for the single currency and is currently explaining 62% of volatility for the EUR/USD.The rest is here: Euro Following ...
    1 week ago

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