October 27, 2016

    CAD Choppy but Trading in Recent Range

    By / October 27, 2016

    The CAD is showing some volatility swinging up and down with crude oil price swings. Crude is now trading in the high $49 range after spending most of the day yesterday around $50. Again news is absent out of Canada leaving the near term risk with the overall market tone as well as any further movements in crude prices.   The USD is mixed against most of its G10 peers on a morning of uncertain… Read more

    How A Market Order Can Work For You

    By / October 26, 2016

    When doing business in US dollars, we all want the best exchange rate, but it’s not easy. With the volatility the foreign exchange markets experience on a day to day or month to month basis, this can be a time consuming and frustrating process. If FX is not a core function of your day to day, than at some point it just becomes a distraction. But there is a solution to free up your time… Read more

    CAD Makes Slight Gains on Crude

    By / October 26, 2016

    The CAD has made gains of about half a percent on a slight surge in crude prices. Crude Oil Inventories came out a slight draw of 0.6M barrels compared with the expected 0.7M barrel gain. This has given oil prices a bump of about $1 and settling it right around the $50 mark. No other news out of Canada this morning will leave the CAD vulnerable to the broader tone as well as the path… Read more

    CAD Slides Further to Start the Week

    By / October 25, 2016

    The CAD has started the week off where it left off, sliding against the USD. Down just under another half a percent the CAD has fallen over a percent just since last Friday. News was sparse today with only Wholesale Sales numbers beating their 0.2% expectation coming in at 0.8%. Later on today we have testimony from BoC Governor Poloz.   The USD is mixed on the day but is holding onto its strong undertone… Read more

    CAD Continues Losses to End the Week

    By / October 21, 2016

    The CAD is continuing its losses into the open this Friday down another percent on the day. News disappointed with Core Retail Sales, CPI and Retail Sales numbers missing the mark by 0.4%, 0.1% and 0.6% respectively. Core CPi came out in line with its 0.2% expectation.   The USD is closing out the week with clear progress against most of the G10 currencies. No news to report on leaves the USD at the mercy… Read more

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