Daily Commentary

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19/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD was very quiet last week ranging between 0.9880 and 0.9940. With little in the way of fundamental releases today the range will likely hol...

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16/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD tested the upper level of this week''s range at 0.9940 before retreating to the familiar 0.9910 mark. This week has been extremely slow for the pairing ...

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15/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD has had a very quiet week remaining in a tight trading band between 0.9880 and 0.9940. Technical traders are looking for a break and close outside the r...

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14/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD was relatively unmoved by the Fed decision yesterday, currently changing hands at 0.9910. The Fed continued its stance of lower rates with the market re...

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13/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD had a quiet start to the week ranging between 0.9900 and 0.9940 as the market awaits today’s key Fed rate decision. Traders expect the Fed to main...

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12/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD has remained steady at 0.9920 this morning despite softer data out of China. While other commodity currencies have opened the North American session low...

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09/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: The USD/CAD is currently changing hands at 0.9885 as the market has sold USD in reaction to the US employment figures released today. The USD has lost over 115 poin...

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08/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: USD/CAD has drifted lower in this back drop ahead of this morning’s BoC rate announcement and accompanying statement at 9 AM EST. We are still comfortably wel...

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07/03/2012 | Darren Richardson

US Dollar vs Canadian Dollar: Yesterday the USD/CAD climbed above parity for the first time this month as markets moved away from high risk assets on the back of global growth fears. The pairing...

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06/03/2012 | Adam Ismail

US Dollar vs Canadian Dollar: USD/CAD has traded to 1.0010 and continues to grind higher in risk adverse markets.  Once again, CAD is not the main story as other traditional risk currencies...

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