Canadian Dollar Update – Canadian dollar rallies hard
Trump Gives EU reprieve on 50% tariff—until July 9 US and UK holidays ensure quiet Monday US dollar decline resumes USDCAD: open 1.3720, overnight range 1.3687-1.3740 close 1.3735, WTI...
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Trump Gives EU reprieve on 50% tariff—until July 9 US and UK holidays ensure quiet Monday US dollar decline resumes USDCAD: open 1.3720, overnight range 1.3687-1.3740 close 1.3735, WTI...
US and UK markets are closed on Monday Canada Retail Sales data for March on tap-forecast 0.7% m/m (vs -0.4% previously) US dollar extends losses in pre-long weekend trading. ...
US Treasury Secretary agrees yen is fairly valued. Global equities extend losses-S&P 500 futures in positive territory. US dollar is consolidating yesterday’s losses USDCAD: open 1.3881, overnight range 1.3846-1.3885, close...
Traders wary of G-7 Finance Minister comments on currencies. UK inflation rises more than expected-tax hikes blamed. US dollar continues to slide. USDCAD: open 1.3888, overnight range 1.3868-1.3922, close 1.3918,...
G-7 Finance Ministers meeting in Banff, Alta, begins tomorrow. Wall Street shrugs off Moody’s downgrade of US debt to Aa1, from Aaa. US dollar trickling lower. USDCAD: open 1.3962, overnight...
US Michigan Consumer Sentiment ahead. US dollar remains on the defensive after soft data yesterday. USDCAD: open 1.3962, overnight range 1.3935-1.3969, close 1.3960, WTI 61.60, Gold 3209.40 The Canadian dollar...
WTI oil prices fall 3.8% on possible US/Iran nuclear deal. US Retail Sales and speech by Powell in focus today. US dollar mixed overnight but claws back losses from yesterdays...
US/China: US claims “a deal”—China “important consensus” Equities and greenback soar, Treasury yields rise. US dollar rebounds with gains across the board USDCAD: open 1.3970, overnight range 1.3901-1.3988, close 1.3939,...
Canada expected to recoup last months job losses. US/UK trade announcement is no deal, merely hyperbole US dollar opening with gains compared to the close but lower than yesterday. USDCAD:...
UK/US trade deal announcement at 10:00 am Bank of England cuts rates by 25 bps, as expected US dollar rallies across the board. USDCAD: open 1.3884, overnight range 1.3813-1.3890, close...
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