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OPEC said on Tuesday oil inventories had continued to rise despite the start of a global deal to cut supply and raised its forecast of production in 2017 from outside the group, suggesting...
USD/CAD has moved higher in the Tuesday session. In North American trade, the pair is trading slightly below the 1.35 line. On the release front, US PPI dipped to 0.3%, above the estimate of 0.1%....
OPEC finds itself crossing its fingers that the price falls of last week are a washout of positioning and not a structural change.Both Brent and West Texas Intermediate (WTI) ended down some 9% last...
After an uneventful week, USD/CAD is showing little movement in the Monday session. Early in North American trade, the pair is trading just above the 1.31 level. On the release front, US markets are...
USD/CAD has ticked upwards in the Wednesday session. Currently, the pair is trading slightly below the 1.31 level. On the release front, Canadian Manufacturing Sales is expected to post a strong gain...
USD/CAD has posted gains in the Monday session. Currently, the pair is trading at 1.3050. On the release front, there are no Canadian events on the schedule. In the US, there are two minor events. On...
USD/CAD is slightly lower on Tuesday, continuing the downward trend which marked the Monday session. Currently, the pair is trading at 1.3070. On the release front, Canada releases GDP, with the...
USD/CAD has edged higher at the start of the trading week. In the Monday session, the pair is trading at 1.3150. On the release front, there are no Canadian events on the schedule. In the US, the key...
USD/CAD has posted slight gains in the Thursday session, as the pair trades at the 1.31 line. On the release front, there are two key events in the US – Unemployment Claims and New Home Sales....
The Canadian dollar is slightly lower in the Thursday session, after strong losses in the Wednesday session. Currently, USD/CAD is trading slightly below the 1.33 line. On the release front,...
The Canadian dollar has posted slight gains in the Monday session. Currently, USD/CAD is trading at 1.3140. On the release front, US markets are closed for Martin Luther King Day. There are no US or...
The Canadian dollar continues to drop against its US counterpart. On Thursday, USD/CAD has edged higher as it trades at 1.3450. On the release front, there are a host of releases out of the US and...
The Canadian dollar remains close to the 1.34 line and is showing little movement in the Wednesday session. On the release front, Canada will release Wholesale Sales, with the estimate standing at...
The Canadian dollar remains under pressure in the Tuesday session. Currently, USD/CAD is trading slightly above the 1.34 line. On the release front, it’s another quiet day, with no US events on...
The Canadian dollar has started the new trading week quietly, as USD/CAD trades at 1.3370 in the Monday session. On the release front, the sole US release is Flash Services PMI, with the index...
The US dollar has taken a pause after strong gains, as USD/CAD trades at 1.3340 in the Friday session. On the release front, it’s a quiet end to the week. In the US, today’s highlight is...
EUR/USD finally cracks 1.0500 as the Federal Reserve puts more dots then expected in its plots.EUR/USD and 1.0500 seem to be a bit like the Fed’s rate hike last night. A TV programme's season...