Daily Commentary

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02/05/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD dropped to 0.9840 yesterday as surprisingly strong US manufacturing figures buoyed North American currencies. The Loonie strength was shor...

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01/05/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD had a quiet overnight session remaining steady at 0.9880. The Loonie was hammered across the board yesterday after the poor GDP release bu...

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30/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD rocketed up 60 points to 0.9860 this morning as extremely weak GDP figures were released in Canada. The Canadian Dollar was rocked across ...

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27/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD traded as high as 0.9860 overnight before dropping to a 7 month low of 0.9810. The US GDP was released today with figures printing much lo...

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26/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The Canadian Dollar hit its highest level of the year at 0.9815 overnight as risk appetite is buoyed by the Fed. Fed Chairman Bernanke confirmed that ...

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25/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD drifting to 0.9856 overnight as market s are still expecting an interest rate increase in Canada later this year. Today all eyes are on th...

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24/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD traded against the overall market sentiment falling to 0.9885 overnight. Solid trade figures and Oil prices helped spur on Loonie buying. ...

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23/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: USD/CAD is drifting higher in line with general risk aversion as the pairing is still stuck in our recent two cent range between 0.9850 and 1.0050. CA...

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20/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD has settled down in the later part of the week ranging between 0.9900 and 0.9950. Today the Canadian CPI figures were released with figure...

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19/04/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD fell 150 points yesterday touching 0.9865 as hawkish comments from the Bank of Canada spurred on heavy Loonie buying. Overnight the pairin...

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