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The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%.BoC Holds Interest RatesThere were no surprises...
The Canadian dollar has reversed directions on Thursday. Currently, USD/CAD is trading at 1.2577, up 0.13% on the day.Ontario lockdown snuffs out CAD mini-rallySince the start of 2021, the Canadian...
The trembling’s of the world’s stock markets turned into a rout overnight, with the major Wall Street indices all tumbling by between 5 and 7%. It is essential to understand why this...
The Canadian dollar is unchanged in the Thursday session. Currently, USD/CAD is trading at 1.2761, down 0.02% on the day. On the release front, Canada releases Manufacturing Production, with the...
The Canadian dollar has edged higher in the Tuesday session. In the North American session, USD/CAD is trading at 1.2713, down 0.16% on the day. On the release front, there are no Canadian indicators...
Incredible scenes in the Palladium market on Friday with a massive squeeze overshadowing continued anaemic price action on precious metals and crude oil.OILCrude paused for breath on Friday after a...
Oil and precious metals continue their comeback in Asia as the market breathes a collective sigh of relief with Macron’s victory.OILCrude has opened on a positive note in early Asian trading,...
Decreasing tensions in Asia sees gold drop, but a murky French election will keep buyers interested on dips.Gold regained some of its losses overnight to open in Asia at 1288. The net effect, however,...
Foreign investment in Canadian securities reached a record high $38.8 billion in February, led by issuances of new Canadian shares to non-resident investors. At the same time, Canadian investors...
Treasury Secretary Mnuchin’s strong dollar comments saw the greenback rally across most asset classes.PRECIOUS METALSGold fell from its high above $1295 to 1280 overnight, but gold has made a...
The USD traded with an offered bias during the last 24 hours, weighed down by geopolitical concerns and Friday’s US CPI report. However, there was a small shift in fortunes as weak dollar shorts...
Gold’s Syrian induced spike on Friday looks good on paper but a closer investigation reveals otherwiseAlthough we traded in a straight line to 1270 an ounce, we closed on Friday at 1255. This...
USD/CAD has taken a pause on Wednesday, as the pair trades slightly below the 1.34 line. On the release front, there are no Canadian events. In the US, ADP Nonfarm Payrolls as well as the ISM...
USD/CAD is almost unchanged in the Monday session. Currently, the pair is trading at 1.3350. On the release front, it’s a quiet start to the week, with no economic indicators in Canada or the...
USD/CAD has edged lower in the Tuesday session. In North American trade, the pair is trading at the 1.33 line. On the release front, Canada releases retail sales reports. After posting declines in...
USD/CAD has edged higher in the Monday session. In North American trade, the pair is trading at 1.3360. On the release front, Canadian Wholesale Sales jumped 3.3%, crushing the estimate of 0.3%. In...
Despite an early sell-off in Asia trading, crude has rallied to rest almost unchanged on the day.All said crude has held up reasonably well as the week starts, following Friday’s Baker Hughes...