CAD Tumbles to End Week

By / October 20, 2017

Friday, October 20, 2017 Good morning, The CAD has fallen sharply down over a fell cent on poor news as well as overall sentiment.  News was disappointing with a slew of CPI data being released this morning.  CPI missed coming in at 0.2% vs. the expected 0.3% while Core Retail Sales was a massive miss coming in well… Read more

CAD Quiet to Open Trading Day

By / October 19, 2017

Thursday, October 19, 2017 Good morning, The CAD is relatively quiet after retracing some of yesterday’s gains.  No news again to report on before tomorrow’s slew of releases in the AM.  Crude has fallen slightly from the highs seen yesterday and has now settled in the mid $51 range. The USD started the morning mixed against most of… Read more

CAD Surges into North American Open

By / October 18, 2017

Wednesday, October 18, 2017 Good morning, The CAD is showing considerable strength this morning up over half a cent since this morning’s open and over a full cent since the lows seen yesterday.  News again was quiet and limited to Manufacturing Sales which impressed coming in ahead of the -0.1% forecast at 1.6%.  Crude Oil Inventories was a… Read more

CAD Continues to Fall in Reaction to NAFTA

By / October 17, 2017

Tuesday, October 17, 2017 Good morning, The CAD is soft again and reacting to the rejection of the latest NAFTA deal from the US.  No fundamental releases to report on this morning is leaving a speech from Gov. Council Member Wilkins later on today the lone factor that could cause further movement for the Loonie. The USD has… Read more

CAD Slides to Start Trading Week

By / October 16, 2017

Monday, October 16, 2017 Good morning, The CAD is underperforming and down over half a cent compared with last week’s close.  News was relatively light with Foreign Securities Purchases coming in a massive miss at 9.85B compared with the expected 20.05B.  News is fairly quiet now until Wednesday’s Manufacturing Sales numbers. The USD is showing strength against most… Read more

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