Canadian dollar is heading lower today as a wider trade deficit takes its toll. It’s also not helping that risk appetite, in general, is lacking today.
oil prices — News Archive
June 04th, 2013 at 15:01
May 23rd, 2013 at 15:06
Canadian dollar is experiencing very choppy trading today, moving between gains and losses against major counterparts as traders and investors try to figure out what to do next.
May 21st, 2013 at 13:12
Canadian dollar is losing ground today, dropping as the the US Federal Reserve considers reducing its economic stimulus efforts. It’s also not helping the loonie that oil prices are dropping again.
April 12th, 2013 at 15:19
After enjoying a solid performance earlier, the Canadian dollar is now heading much lower on a variety of economic concerns and a drop in commodities.
March 28th, 2013 at 14:50
Loonie is losing ground against its major counterparts today, thanks in large part to disappointment over the latest US employment data. Earlier, the Canadian dollar was fluctuating against its counterparts, but it appears that the loonie is moving solidly lower now.
March 20th, 2013 at 14:53
Canadian dollar is on the rise today, gaining against the US dollar as better economic data is expected, and as the situation in Cyrpus eases some. Today it’s about risk-on in Forex trading, and loonie is reaping some of the benefits.
March 11th, 2013 at 13:27
Better than expected employment data is helping the Canadian dollar today, sending the loonie higher against its major counterparts. The surprise economic data is boosting Canadian dollar, and providing hope that economic weakness will not persist.
March 05th, 2013 at 16:05
Once again, the Canadian dollar appears to be struggling. Even though there is a measure of enthusiasm for risk assets today, there is just too much, fundamentally, dragging on the loonie to help it enjoy some of the gains other currencies are seeing against the US dollar today.
February 28th, 2013 at 13:38
Canadian dollar is lower against its major counterparts today, dropping as economic expectations weigh on the loonie. Between GDP data to be released tomorrow, and a Bank of Canada announcement next week, there aren’t high hopes for loonie performance.
February 26th, 2013 at 15:09
Canadian dollar continues to struggle in trading today, logging difficulties as economic conditions continue to cause problems, and as oil prices continue to drag the loonie lower. While the Canadian dollar is mostly flat today, there are still worries about underlying weakness.