Tag: loonie

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Loonie Gains Against Greenback Following Powell, Macklem Commentary By Investing.com

Loonie Gains Against Greenback Following Powell, Macklem Commentary By Investing.com

© Reuters. By Ketki Saxena  Investing.com – The strengthened against its US counterpart today, supported by risk-on sentiment, a rally in crude [...]
BoC’s 25bps Rate Hike Receives Dovish Reaction, Loonie on Offer

BoC’s 25bps Rate Hike Receives Dovish Reaction, Loonie on Offer

USD/CAD ANLAYSISExpected 25bps increment leaves CAD floundering.2023 peak rates priced in by money markets.Descending triangle still in play. Trad [...]
Loonie Rallies As China Reopening Fuels Risk-On Mood; Dollar Down Across the Board By Investing.com

Loonie Rallies As China Reopening Fuels Risk-On Mood; Dollar Down Across the Board By Investing.com

© Reuters. By Ketki Saxena  Investing.com – The strengthened against its US counterpart today, as the USD lost ground against most major curr [...]
Loonie Outperforms G10 Currencies in 2022; Sees 5.6% Year’s Decline Against Dollar By Investing.com

Loonie Outperforms G10 Currencies in 2022; Sees 5.6% Year’s Decline Against Dollar By Investing.com

© Reuters. By Ketki Saxena  Investing.com – The was moderately higher against its US counterpart on the last trading day of the year, supported [...]
USDCAD May Not Be the Most Responsive Loonie Cross to the BOC Decision

USDCAD May Not Be the Most Responsive Loonie Cross to the BOC Decision

Bank of Canada, USDCAD and CADJPY Talking Points:The Market Perspective: CADJPY Bullish Above 101.50The Bank of Canada is scheduled to update its mon [...]
Hawkish BoC and Strong Jobs Data Should Keep the Loonie on the Front Foot

Hawkish BoC and Strong Jobs Data Should Keep the Loonie on the Front Foot

CAD Key Points:Outlook: BullishCanadian Job Numbers Smash Estimates, Actual 108.3k Vs 10k Forecast.Rising Oil Prices and Farm Exports Boost Trade Sur [...]
Loonie Weakens as Risk-Aversion Dominates FX, US Treasury Yields Rise By Investing.com

Loonie Weakens as Risk-Aversion Dominates FX, US Treasury Yields Rise By Investing.com

© Reuters. By Ketki Saxena  Investing.com --  The weakened against its US counterpart today,  as the greenback was supported by climbing trea [...]
USD/CAD zooms to 1.38 as month-end flows hit the loonie

USD/CAD zooms to 1.38 as month-end flows hit the loonie

The risk picture has deteriorated since Europe went home and oil is also lower today so there's good reason to sell the loonie but month-end flows m [...]
Loonie Retreats on Canadian Labor Data

Loonie Retreats on Canadian Labor Data

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advi [...]
Euro Looks to Breakout from Loonie Strangle

Euro Looks to Breakout from Loonie Strangle

EUR/CAD AnalysisEUR/CAD FUNDAMENTAL BACKDROPThe Bank of Canada remains hawkish in its narrative but has not deterred a Canadian Dollar (CAD) selloff [...]
USDCAD Outlook Choppy but Loonie Crosses Face Reversal Risk

USDCAD Outlook Choppy but Loonie Crosses Face Reversal Risk

The Canadian Dollar is backed by one of the most aggressive central bank rate forecasts amongst the majors while growth forecasts are holding up pret [...]
Loonie Chart Analyzed Ahead of the Data Print

Loonie Chart Analyzed Ahead of the Data Print

USD/CAD AnalysisCrucial April inflation data may set the scene for a softer dollarKey technical levels for USD/CAD considered after bounce of major r [...]
Aussie, kiwi, loonie & yen all rejoice as US dollar succumbs to profit-taking

Aussie, kiwi, loonie & yen all rejoice as US dollar succumbs to profit-taking

Here is what you need to know on Thursday, April 21: The US dollar succumbed to profit-taking on Wednesday as US yields pared ba [...]
Loonie rises amid prospects of increased oil output – Economies.com

Loonie rises amid prospects of increased oil output – Economies.com

Loonie rises amid prospects of increased oil output  Economies.com www.economies.com [...]
Loonie Unphased by Retails Sales Beat as Oil Tanks

Loonie Unphased by Retails Sales Beat as Oil Tanks

USD/CAD AnalysisCanada Retail Sales ACT: -1.8%, EST: -2.1%; New Housing price Index ACT: 11.8%Retail Sales and New Housing Price Data Adds to BOC Rat [...]
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