CAD Retraces Most of Week’s Losses

By / August 16, 2017

Wednesday, August 16, 2017 Good morning, The CAD has retraced nearly all of this week’s losses, up almost a cent since the lows seen yesterday morning.  Foreign Securities Purchases out of Canada was a massive disappointment coming in well below the 23.45B at -0.92B and a far cry from last month’s 29.44B.  Crude has made slight losses even… Read more

CAD Continues Losses on Crude

By / August 15, 2017

CAD Continues Losses on Crude Tuesday, August 15, 2017 Good morning, The CAD has continued its decline to open the trading day.  Fundamentals are again absent with most of the volatility stemming from US news as well as decline in crude.  WTI is now trading just above the $47 level.  Tomorrow we have Foreign Securities Purchases reporting out… Read more

CAD Quiet on Morning Absent of News

By / August 14, 2017

Monday, August 14, 2017 Good morning, The CAD has retraced most of its early morning losses now trading just below the close last Friday.  No news coming out of Canada has the CAD trading in response to crude, which is now at the $49 level.  News is quiet until Wednesday’s Foreign Securities Purchases in the AM. The USD… Read more

CAD Trades in line as Crude Falls

By / August 11, 2017

Friday, August 11, 2017 Good morning, The CAD is trading in line with yesterday’s range but near the top of this week’s level.  No news to report on this morning is leaving the Loonie vulnerable to the path of crude as well as the tone of the market. The USD is mixed and movement has been relatively limited… Read more

CAD Gives up Early Morning Gains

By / August 10, 2017

Thursday, August 10, 2017 Good morning, The CAD has given up nearly all of its gains into the North American open.  At one point trading up over half a cent from yesterday, we are now seeing trading levels from earlier in the week.  NHPI data disappointed coming in well below the 0.5% forecast at 0.2%.  Crude oil has… Read more

Back to Top