CAD Trends Higher After Fed Driven Losses

By / September 21, 2017

Thursday, September 21, 2017 Good morning, The CAD has shown little change overnight moving up about a quarter cent after suffering substantial losses yesterday after the Fed announcement.  Impressive fundamental news has done little for the CAD as far as strength.  Wholesale Sales came out well above the expected -0.7% reporting at 1.5%. The USD is mixed after… Read more

CAD Trades Higher Ahead of FOMC Decision

By / September 20, 2017

Wednesday, September 20, 2017 Good morning, The CAD is up slightly but fairly quiet overall ahead of the highly anticipated Fed meeting later today.  No news to report on out of Canada is leaving the CAD reliant on the path of crude as well as the verbiage out of the FOMC.  Crude has settled right at the $50… Read more

CAD Trades in Range Ahead of Tomorrow’s Fed

By / September 19, 2017

Tuesday, September 19, 2017 Good morning, The CAD is trading in the range we saw throughout late in the day yesterday.  We saw a sharp drop in the CAD yesterday after Gov Council Member Lane extinguished investor expectations of further rate hikes by the Bank of Canada.  Fundamental news was limited to Manufacturing Sales which was a disappointing… Read more

CAD Falls Slightly from North American Open

By / September 18, 2017

Monday, September 18, 2017 Good morning, The CAD is trading just below the level we saw at the end of last week, even with impressive fundamental numbers.  Foreign Securities Purchases surged past their 4.46B forecast coming in at 23.95B.  Tomorrow’s Manufacturing Sales headline the AM news out of Canada. The USD is relatively quiet ahead of Wednesday’s highly… Read more

CAD Trades in Range to End Week

By / September 15, 2017

Friday, September 15, 2017 Good morning, The CAD has made slight gains since yesterday’s lows on a morning absent of fundamental releases.  Crude has settled just below the $50 mark while most investors wait for next week’s FOMC rate announcement. The USD I showing signs of softness with a slew of mixed news being released this morning.  Core… Read more

Back to Top