Canadian dollars

The US dollar rallied during the week, reaching towards the 1.29 level. The 1.30 level will of course be the overall target, but it is going to take some momentum building to get above there. We have a significant amount of resistance between 1.29 and 1.30 and what I would consider to be a bit of a “zone.

The Canadian Dollar fell another 65 pips on Wednesday morning against the US Dollar after BoC officials continued to blame NAFTA negotiations for dampening business confidence. While local concerns are always important, much of the driver of USD/CAD and other USD-crosses has been global ...

The S&P 500 index ended up 4.84 points at 2,639.40 and the Nasdaq composite index closed down 3.62 points at 7,003.74. The Canadian dollar averaged 77.71, down 0.24 of a U.S. cent. The June crude contract ended up 35 cents to $68.05 (U.S.) per barrel and the June natural gas contract closed down ...

On Monday, the Pound to Canadian Dollar exchange rate rose from an initial starting level of 1.7956 in the morning to later close higher around 1.8023 in the evening. This appreciation was mainly caused by market optimism about a possible rise in UK wages during February, as well as speculation about ...

The Canadian dollar continued its good run on Monday, almost tying with the euro for second place in our one-day table and gaining ground against the Australian, New Zealand and U.S. dollars. From a high around $1.2625 at the end of the Asian session, USD/CAD then fell all the way down to $1.2565, ...

A new retailer is moving into downtown Portage la Prairie in the coming weeks, bringing life back to the former Shopper's Drug Mart location at 103 Saskatchewan Avenue West. A Great Canadian Dollar Store is set to open in June of this year, coinciding with the company's 25th anniversary. “We are a ...

GBP/CAD seen supported on dips. - Key risk event is Bank of Canada meeting mid-week. - Pound to be bucked by threesome of key economic data releases this week. The British Pound has been in decline against the Canadian Dollar since mid-March when a top of 1.8415 was hit and a wave of ...

Canada's main stock index edged higher Friday as commodity prices rose, while U.S. stocks ended down. The Toronto Stock Exchange's S&P/TSX composite index closed up 4.70 points at 15,273.97, helped by gold, oil, and cannabis sectors. In New York, the Dow Jones industrial average closed down ...

The Canadian dollar— also known as the loonie — gained 0.95% to 1.2792 per US dollar as of 11:55 a.m. ET. The Mexican peso also strengthened, advancing 0.25% to 18.1979 per US dollar. Sources familiar with the talks said the White House wants to unveil an updated NAFTA agreement at an April 13 summit in Peru, ...

The Canadian Dollar rose sharply Tuesday as markets responded to rising hopes that a provisional deal to preserve the North American Free Trade Agreement can be reached before the month is out, which strategists say would lead to even greater upside for the Canadian currency. President Donald ...

The Canadian dollar is trading sideways today. CAD is slightly weaker against the US dollar, the euro and the British pound. The Canadian dollar is currently the weakest against the Japanese yen. Yesterday, the currency surged to a five-week high on NAFTA-related optimism. As we wrote in our previous ...

The Mexican peso USDMXN, +0.0543% and Canadian dollar USDCAD, -0.0156% came off of their lows against the U.S. dollar on Monday, following a Bloomberg News report saying President Donald Trump was advocating for a Nafta deal to be struck in two weeks. The trading partners are convening at ...

The Pound has steadily lost value against the Canadian Dollar since our last week-ahead forecast; at the start of this new week 1 Pound could buy 1.8221 Canadian Dollars on the inter-bank markets, having fallen to only 1.8072 at Friday's close. Nevertheless, our technical studies of this particular market ...

The Canadian dollar, nicknamed the loonie, has spent most of the past two years clambering back from long-term lows against its US counterpart. But now it has hit the skids again. It has been the weakest major currency against the greenback in 2018, slipping by about 3% to a nine-month low around ...

In New York, the Dow Jones industrial average closed down 9.29 points to 23,848.42. The S&P 500 index closed down 7.62 points to 2,605.00 and the Nasdaq composite index was down 59.58 points to 6,949.23. The Canadian dollar closed at 77.51, down 0.2 of a U.S. cent. The May crude contract ended ...

The Canadian Dollar pared back its earlier gains during noon trading in London Thursday after Statistics Canada data showed the economy economy contracting during January, delivering a dent to those few who may still have hoped the Bank of Canada will raise interest rates at its April meeting.

While there are a few benchmark currencies that are remarkably stretched on this more fundamental level (including the Euro, Pound and Dollar), a less liquid but significantly more prominent opportunity given its active transition towards 'normalizing' is the Canadian Dollar. All of the most liquid Canadian ...

It reflects the price dynamics of the portfolio of major currencies: EUR, USD, GBP, AUD, CHF, JPY against the Canadian dollar. Will the CAD_Index prices rise? Expensive oil can improve the performance of the Canadian economy, as the share of hydrocarbons in exports exceeds 15%. Note that in addition ...

One Pound buys 1.8216 Canadian Dollars on the inter-bank markets at the start of the week, this is less than the monthly high of 1.8413 achieved in the week prior. Nevertheless, our technical studies of this particular market confirms Sterling does appear to be favoured against the Canadian Dollar, ...

The Canadian dollar continued its slide on Friday to a nine-month low as it marked its worst week against the U.S. dollar in over a year. The loonie traded at an average value of 76.41 cents US on Friday, which was its lowest level since June last year and down over 0.4 per cent from Thursday's average of ...

In New York, the Dow Jones industrial average was up 70.89 points to 25,249.50. The S&P 500 index was up 3.89 points to 2,786.91 and the Nasdaq composite index was down 4.50 points to 7,583.82. The Canadian dollar was trading at 77.44 cents U.S., down from an average price of 77.94 cents U.S. on ...

The Canadian dollar had a winning week, boosted by strong job numbers on Friday. The Canadian economy added 15.4 thousand jobs in February, after a sharp decline of 88 thousand a month earlier. This was below the estimate of 21.3 thousand, but investors were pleased with the strong turnaround.

The Canadian Dollar slumped heavily against its international rivals Tuesday after a speech by Bank of Canada governor Stephen Poloz left markets fearing the central bank could raise interest rates at a slower pace this year than previously thought. Poloz gave a speech on the modern labour market at ...

The Canadian dollar, even without trade talk volatility, could see a decline if the Bank of Canada looks like it may raise interest rates less than expected. Both trade risk and central bank risk could impact the Canadian currency or "loonie," nicknamed for the loon, a bird with an eerie cry that breeds in ...

Looking at it the other way around, if the Minneapolis futures are converted to Canadian dollars, CWRS basis levels across Western Canada range from C$42 to C$56 below the futures. ... The Canadian dollar settled at 77.88 U.S cents on March 9, which was up by roughly a quarter of a cent on the week.

The Canadian dollar ended the week on a high note, posting gains on Friday. The Canadian economy added 15.4 thousand jobs in February, after a sharp decline of 88 thousand a month earlier. This was below the estimate of 21.3 thousand, but investors were pleased with the strong turnaround. In the US ...

The Pound rose against the Canadian Dollar last week, in line with the forecast we made in our previous week-ahead publication where we identified the exchange rate as having formed a high-probability bullish continuation pattern. It eventually met our target at 1.8000 and reached the 200-week moving ...

WINNIPEG, March 12 (CNS Canada) The Canadian dollar was holding near unchanged Monday morning, seeing some consolidation to start the week. At 9:17 CDT Monday morning the Canadian dollar was at US$0.7798 or C$1.2824, which compares with Friday's North American close of US$0.7788 or ...

At 4 p.m. EST (2100 GMT), the Canadian dollar was trading 0.6 percent higher at C$1.2816 to the greenback, or 78.03 U.S. cents. The currency touched its strongest level since March 1 at C$1.2815. For the week, the loonie gained 0.5 percent. Gains for the loonie came after Trump said on Thursday that ...

The Canadian dollar rose from its long low-dollar streak since February and traded at 77.60 U.S. cents. But today's tiny break from its decline doesn't change its lengthy lull against the U.S. dollar - since July. Even though today's break brings a ray of sunshine to the Canadian economy, Jason Del Vicario ...

USD/CAD is unchanged in the Thursday session. In the North American session, USD/CAD is trading at 1.2911. On the release front, there are a host of Canadian releases. Housing Starts and Building Permits both beat expectations. On the inflation front, NHPI remained unchanged at 0.0%, shy of the ...

The Canadian dollar jumped to trade 0.1 percent higher versus the U.S. currency at 1.2898. Earlier Thursday, The Associated Press, citing sources, reported that the tariffs proposed by President Donald Trump on steel and aluminum imports will take effect in 15 days and will exempt Canada and Mexico ...

The Canadian dollar dipped below 77 cents US on Monday, its lowest level since last July as fears of a trade war cast a gloomy shadow on the Canadian economy's prospects. The loonie got as low as 76.92 US in mid-afternoon trading before regaining some lost ground to climb back above the 77-cent ...

SEB forecast the Canadian Dollar will stage a strong recovery against the US Dollar and other currencies later in 2018 but caution that, in the short term, it remains vulnerable. "While in our view fundamentals and monetary policy justify a stronger CAD, we accept that uncertainties surrounding both the ...

This Great Graphic composed on Bloomberg shows the Canadian dollar against the Mexican peso since the start of last year. There have been three big moves. The Canadian dollar trended lower against the peso as it corrected from the sharp sell-off induced in great measure to the candidate Trump's ...

Pound Sterling is set to continue its uptrend against the Canadian Dollar over coming months, according to strategists, as the Brexit “cliff edge” gets kicked into the long grass by a transition agreement and trade-related threats to the Loonie mount. The Pound-to-Canadian Dollar exchange rate is quoted at ...

The Canadian dollar's Tuesday relief rally looked to be short lived, limited by trade tensions with the U.S. as a dovish Bank of Canada lurks around the corner. The loonie USDCAD, -0.6745% as the Canadian dollar is also known, rebounded Tuesday after setting an eight-month low a day earlier . Since the ...