Everything is arising roses for the Canadian greenback and that spelled doom for USDCAD bulls with the pair plunging by 2.eight% after a shock Canadian rate of interest improve.SOURCE: Macro feed – Read complete story here. Related posts: No associated posts.
Oil costs have been hammered when president Trump give up the Paris accord and the US greenback was equally crushed down when nonfarm payrolls got here in nicely in need of forecasts. SOURCE: Commodities feed – Read complete story here.
In yesterday’s submit (Tide is Turning for the Aussie), I defined how a prevailing sense of uncertainty within the markets has manifested itself within the type of a declining Australian Dollar. With at this time’s publish, I’d like to hold that argument ahead to the Canadian Dollar. As it seems, the foreign exchange markets are […]
The Canadian greenback was capable of rake in some positive aspects towards its counterparts even after crude oil took successful on studies that Libya is planning to ramp up manufacturing by 270Okay barrels per day. Canada’s manufacturing gross sales report indicated a 1.1% bounce versus the projected zero.three% achieve, shoring up confidence in an financial […]
The Canadian greenback did a Ke$ha in the course of the Asian session as it went down and whereas foreign exchange merchants yelled “timber!” What’s up with that?! Continue reading → The publish Asian Session Recap: Loonie Goes Down as Traders Yell “Timber!” appeared first on BabyPips.com. SOURCE: BabyPips.com – Read whole story here.