The Canadian dollar fell against the US dollar and the euro, but gained versus the Japanese yen as growing optimism about an outcome of the talks about Greek debt has started to slowly disappear from the Forex market, but hasn’t gone completely yet.
CAD/JPY — News Archive
Market Sentiment Shifts, CAD Goes Upward
February 08th, 2012 at 0:13
The Canadian dollar gained versus its US counterpart and the Japanese yen, while fell against the euro, as Forex traders view the talks about new portion of a bailout to Greece in the positive light again.
Canada’s Dollar Jumps on Good US Payrolls
February 03rd, 2012 at 16:40
The Canadian dollar jumped today as positive employment data from the United State boosted risk appetite among Forex traders and overshadowed poor employment report from Canada itself.
Fundamentals in US & Canada Surprisingly Bad, Loonie Dips
January 31st, 2012 at 22:09
The Canadian dollar dropped today versus safer currencies as macroeconomic fundamentals were surprisingly bad both in Canada and in the United States. The currency still managed to outperform the euro after the earlier drop.
Canadian Dollar Pulls Back
January 30th, 2012 at 15:57
Canadian dollar is pulling back today, heading lower as risk appetite fades away, and as oil prices drop. Commodity currencies are struggling right now on risk aversion and a higher US dollar. It’s not surprise that the loonie is experiencing difficulties as well.
Loonie Rallies for Third Week, Going to Upside with Commodities
January 28th, 2012 at 13:44
The Canadian dollar was rallying for a third week against the US dollar and the Japanese yen on a back of surging commodity prices. Commodities jumped after the US Federal Reserve announced its intention to keep interest rates low for a prolonged time, leading to weakness of the US currency. The currency was down against the euro for the second week.
CAD Reaches Parity vs. USD, Retreats
January 27th, 2012 at 7:45
The Canadian dollar reached parity with its US peer yesterday, but retreated today as negative macroeconomic data from the United States decreased willingness of Forex traders to buy riskier currencies.
CAD Jumps to Highest Since November as Fed Keeps Rates Low
January 26th, 2012 at 5:35
The Canadian dollar rallied yesterday and reached the highest since November today versus the US dollar and the Japanese yen as the Federal Reserve plans to keep interest rates exceptionally low till at least late 2014.
Canada’s Dollar Weakens as Growth of Retail Sales Slows
January 25th, 2012 at 3:35
The Canadian dollar fell against its US counterpart today after Canadian retail sales slowed, hinting that Canada’s economy has problems that may slow economic growth. The currency was higher versus the yen.
Loonie Heads Higher as Oil Prices Rise
January 23rd, 2012 at 15:37
Canadian dollar is heading higher against the US dollar today, gaining as oil prices rise, and as risk appetite returns to the Forex market. Loonie is gaining, in a reversal of Friday’s losses, and appears ready to enforce a degree of strength this week.