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Canadian Dollar Update January 15, 2018

USD/CAD Open: 1.2437-1.2438      Overnight Range:     1.2405-1.2473 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $64.35 and gold is at $1,342.  US futures are higher. There are no major domestic data releases scheduled for today. The short term Canadian dollar technicals are neutral.  For today, USD resistance is at 1.2530.  […]

By Admin | January 15, 2018 | Daily Update | 0 comments Read more >

Canadian Dollar FX Update January 12, 2018

USD/CAD Open: 1.2514-1.2515      Overnight Range:     1.2499-1.2556 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.44 and gold is at $1,328.  US futures are higher. There are no major domestic data releases scheduled for today. The short term Canadian dollar technicals are neutral.  For today, USD resistance is at 1.2573.  […]

By Admin | January 12, 2018 | Daily Update | 0 comments Read more >

Canadian Dollar Morning Update January 11, 2018

USD/CAD Open: 1.2545-1.2547      Overnight Range:     1.2527-1.2590 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.92 and gold is at $1,321.  US futures are higher. There are no major domestic data releases scheduled for today. The short term Canadian dollar technicals are neutral.  For today, USD resistance is at 1.2630.  […]

By Admin | January 11, 2018 | Daily Update | 0 comments Read more >

Canadian Dollar Update January 10, 2018

USD/CAD Open: 1.2489-1.2490      Overnight Range:     1.2427-1.2493 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.36 and gold is at $1,320.  US futures are lower. There are no major domestic data releases scheduled for today. The short term Canadian dollar technicals are neutral.  For today, USD resistance is at 1.2537.  […]

By Admin | January 10, 2018 | Daily Update | 0 comments Read more >

Canadian Dollar Monthly Outlook January 2018

Economic Outlook and Summary The month of December lead off with the decision of overnight interest rates to stay steady at the current level of 1%. The Bank of Canada’s decision showed its cautious position while maintaining the conclusion that the Canadian economy would need less monetary stimulus over the long term. These hawkish comments […]

By Admin | January 9, 2018 | Monthly Outlook | 0 comments Read more >
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