Tag Archives: USDCAD

Trading The CA Core CPI Release, February 26, 2015

CA Core CPI is likely a strong high-impact event as recent BOC rate cut action opened the door for further cuts. If we get a significantly lower release, then market could speculate that BOC may cut rates again, thus CAD … Continue reading

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Trading The CA GDP M/M Release, March 31, 2015

CA GDP is expected to come in at 0.2%, considering BOC’s recent USD retracement after last FOMC meeting, if we get a stronger than expected GDP figure, we could see demand for CAD; if the opposite is true, or a … Continue reading

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Trading The CA Employment Change Release, May 8, 2015

We´ll be getting the Canadian Employment Change release number today but it is scheduled at the same time with US Nonfarm Payroll Report. I would recommend to focus on the NFP instead and only trade CAD if we don’t get … Continue reading

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Trading The CA Core Retail Sales Announcement, May 22, 2015

CA Core Retail Sales figure could stir up some market volatility today, with CPI scheduled at the same time, I would recommend to pay close attention to both releases before taking a trade; at any rate, it’s probably best to … Continue reading

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Loonie Trading On A Stronger Footing In The Asian Session

USDCAD USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.2296, after the US advanced retail sales rose in May. In economic news, Canada’s new housing price index rose 0.1% … Continue reading

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FX Update: Waiting For Yellen

Today it looks like we may finally be able to shift the focus from Greece for a while as its parliament moves to vote through the bailout deal, with the assumption that the opposition and a minority of the Syriza … Continue reading

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Loonie Trading On A Stronger Footing Ahead Of Canada’s GDP Growth Data

USDCAD USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 1.3005. In the Asian session, at GMT0300, the pair is trading at 1.2996, with the USD trading 0.07% lower from … Continue reading

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USD/CAD: Loonie Extends Its Losses In The Morning Session

USDCAD USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.3785. In the Asian session, at GMT0400, the pair is trading at 1.3801, with the USD trading 0.11% higher from … Continue reading

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Loonie Trading Higher This Morning

USDCAD USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.3896. In the Asian session, at GMT0400, the pair is trading at 1.3873, with the USD trading 0.16% lower from … Continue reading

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IMF Cuts Canada’s Economic Growth Outlook For 2017

USDCAD USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.4573. Yesterday, the International Monetary Fund (IMF) downgraded its 2017 GDP growth outlook for the Canadian economy to 2.1%, down … Continue reading

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