The Canadian dollar, which traded near the highest level since October last year as risk appetite is once again strong in commodities and equities markets, may influence negatively the North American national economic recovery, raising concerns about the loonie’s rally in the national central bank.
September 15th, 2009 at 23:30
The Canadian currency, which had been losing versus its U.S. counterpart, climbed the most in more than a week today, as a U.S. retail sales report brought optimism and consequently risk appetite among traders, favoring the loonie in foreign-exchange markets.
September 09th, 2009 at 19:29
The Canadian currency, which has been benefiting together with several other currencies linked to commodities and equities performances, continued at a high level before a central bank meeting today that may indicate concerns with the current loonie’s rally.
September 05th, 2009 at 16:14
The Canadian currency climbed even further before the end of this week’s session after optimism was renewed among traders with stocks and commodities climbing, After both Canada and the U.S. posted favorable reports regarding employment conditions.
September 04th, 2009 at 13:54
After being traded in the lowest rate in almost two months, the Canadian dollar rallied sharply today on a report that indicated an increase in job numbers in the country, surprising analysts and traders positively.
September 04th, 2009 at 1:18
The Canadian dollar did not manage to maintain its early climbs falling again versus its U.S. counterpart as the price of crude oil confused investors regarding demand for the commodity.
September 03rd, 2009 at 0:09
The Canadian dollar is having one of worst performances this week in more than 2 months as risk appetite is declining worldwide, affecting currencies that perform well on growing optimism.
September 01st, 2009 at 20:36
The Canadian currency entered its third day of consecutive losses as a new intense wave of risk aversion is creating bearish patterns in the main two loonie’s vectors, the crude oil and stocks.
September 01st, 2009 at 0:30
The Canadian dollar started this week losing versus most of the 16 main traded currencies as a negative performance in stocks and commodities influenced the loonie’s attractiveness today, as investors opted for the safety of the greenback.
August 29th, 2009 at 14:39
In the end of this week’s session the Canadian dollar pared its previous gains as risk aversion rose this Friday, affecting U.S. stocks performance and also the crude oil, the main Canadian commodity exported to the United States, influencing the loonie’s outlook.
