Tag: LOONIE
OIL, CAD and AUD in focus in long & short term
The Dollar was little changed after the about in-line existing home sales outcome, however the focus remains on OIL and the interesting descending triangle...
As risk off holds, Aussie attracts more bulls
Australian and Canadian Dollars managed to eke out respective 3- and 2-session highs against the US Greenback. This was seen amid a steadying in...
Loonie ahead of CPI and Retail Sales
USDCAD has rebounded from recent losses, tracking a broader price action in the US Dollar. Above forecast data out of the US, including the...
Update on Canadian crosses
USDCAD, EURCAD
USDCAD is in consolidation mode near 1.3300 after rallying sharply after disappointing Canadian GDP data, which sent the pair to an initial peak at...
BOC at center stage – Could Oil drive its decision?
The Bank of Canada announcement is center stage this week, with no change in the current 1.75% setting for the overnight rate widely expected.
BOC...
Could CAD keep extending in overbought conditions?
USDCAD and NZDCAD
the Dollar is picking up some bids, which has sent EURUSD and AUDUSD to respective intraday lows at 1.1370 and 0.7301. USDCAD...
