Canadian dollar is largely mixed in forex trading today, looking for direction as concerns about the oil supply mesh with speculation about what’s next for the global economy.
Loonie Weakens as Europe Troubles Forex Market
December 29th, 2011 at 23:16
Canadian Dollar
The Canadian dollar weakened today against the US dollar and the Japanese yen as Europe continues to trouble the Forex market, while unemployment claims in the United States rose last week.
CAD Falls vs. USD & JPY, Rises vs. EUR
December 28th, 2011 at 17:22
Canadian Dollar
The Canadian dollar fell today against the US dollar and the Japanese yen, but advanced versus the euro, as the European debt crisis continues to eat away confidence of Forex market participants and makes them to seek refuge.
Canadian Dollar Gains on Optimism in the United States
December 27th, 2011 at 15:43
Canadian Dollar
Canadian dollar is higher against the US dollar today as optimism makes an appearance. US markets are showing improvement as consumer confidence gives stocks a boost, and provides hope for a US economic recovery.
Loonie Rallies as US Economy Shows Signs of Recovery
December 22nd, 2011 at 17:15
Canadian Dollar
The Canadian dollar advanced for the third day against the US currency and for the fourth straight session versus the euro and the Japanese yen as the signs of the economic recovery in the United States eased the pessimism caused by the problems in Europe.
Canadian Dollar Gains as Retail Sales & Oil Prices Rise
December 22nd, 2011 at 2:27
Canadian Dollar
The Canadian dollar advanced as prices for crude oil rallied and the report showed that the Canadian retail sales grew in October. The currency is under pressure as the positive sentiment disappeared from the Forex market.
Traders Again Willing to Risk, Benefiting Canada’s Dollar
December 21st, 2011 at 0:17
Canadian Dollar
The Canadian dollar advanced today as the prices for crude oil rose and stocks gained after risk appetite reemerged on markets and traders again became interested in riskier assets.
Canadian Dollar Rises, Waits for More News
December 20th, 2011 at 2:32
Canadian Dollar
The Canadian dollar gained today against its US counterpart, following yesterday’s fall. The currency rose versus the Japanese yen and the euro yesterday and continued to advance today as the prices for crude oil increased.
Loonie Still Feels Disappointment from EU Summit
December 17th, 2011 at 15:37
Canadian Dollar
The summit of the European Union nations last week set the mood for this week and it wasn’t the optimistic one. The Canadian dollar felt the weight of the negative sentiment, but the week wasn’t altogether bad for Canada’s currency.
Loonie Drops as Fitch Spoils Market Sentiment
December 16th, 2011 at 23:27
Canadian Dollar
The Canadian dollar closed below the opening level today as Fitch Ratings came in and knocked down the positive market sentiment by signaling that France’s top credit ranking may be in danger.