Canadian dollar is struggling today, thanks to the latest economic data. November retail sales were disappointing. Additionally, it’s not helping that oil prices can’t seem to find some solid support.
January 22nd, 2013 at 13:51
January 19th, 2013 at 3:49
The Canadian dollar fell amid concerns that global economic growth may not be enough to support demand for commodities and commodity-related currencies. The loonie attempted to rally before the end of the session, but did not manage to rebound, though was able to trim the losses.
January 17th, 2013 at 14:11
Canadian dollar has inched higher against the US dollar, gaining some ground after slipping earlier in trading. Loonie is finding some support, even after some disappointing economic news.
January 16th, 2013 at 1:03
The Canadian dollar held steady against the US dollar and maintained its gains versus the euro even amid negative news that hurt the market sentiment. The currency lost to the Japanese yen yesterday and kept the losses today.
January 11th, 2013 at 15:30
Canadian dollar is slipping today after a rather spectacular performance yesterday. Focus has turned from the good economic data posted by China and the equity performance that followed, and turned to look at the economic data out of Canada. The latest trade deficit is weighing on the loonie today.
January 08th, 2013 at 21:05
The Canadian dollar fell against its US peer after two sessions of rise and extended its drop versus the Japanese yen as crude oil and stocks retreated. The Canadian currency advanced versus the euro for the first day in three.
January 08th, 2013 at 0:37
The Canadian dollar gained against its US counterpart after the indicator of Canada’s business rose last month more than was expected. At the same time, the loonie retreated versus the euro and the Japanese yen.
January 05th, 2013 at 0:48
The Canadian dollar advanced versus its US peer and jumped to the highest since 2010 against the Japanese yen on robust employment growth and the falling unemployment rate in Canada. The currency fell against the euro.
January 04th, 2013 at 0:00
The Canadian dollar failed to maintain its rally versus the US dollar and shed yesterday’s gains as fear returned to the Forex market. At the same time, the loonie jumped against the euro and drifted sideways versus the Japanese yen.
January 02nd, 2013 at 23:31
The Canadian dollar exploded to the upside today amid euphoria that struck the Forex market after US politicians reached an agreement that will help to avoid a financial crisis in the United States.