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Canadian Dollar and Other Commodity Currencies Move Higher Against U.S. Dollar
Commodity currencies are the top performers against the U.S. dollar as risk appetite moves back into financial markets, boosting equity markets Wednesday morning.The top performers of the day are the New Zealand dollar, the Australian dollar, the Norwegian krone and the Canadian dollar.Looking at USD/CAD, the cross has been on a strong downtrend throughout most of the session and remains near the bottom of Wednesday's trading range, hovering just above 1.20 CAD. Currency strategists are expecting stronger
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Canadian Dollar Continues to Slump on Swine Flu and U.S. Banking Concerns
The Canadian dollar is giving back most of its recent gains Tuesday morning as investors move into safe haven currencies such as the U.S. dollar and the Japanese yen. Concerns over the U.S. banking sector and the swine flu epidemic are adding to the negative sentiment.During the last five sessions, the Canadian dollar was one of the top performing currencies against the U.S. dollar, but circumstances changed Monday afternoon after investors reacted to concerns of a flu
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Yen rises across the board
FXstreet.com (Córdoba) ? Markets in Asia opened lower after declines in Wall Street. The Yen continues to rise against the Dollar and European currencies. USD/JPY broke below 94.60 and now is at 94.40 which is 180 pips lower that yesterday at this time. The pair is being traded at a 2-month low. European currencies strengthen and rose reaching new multi-low against the dollar. To the Yen, they were unable to reach those levels. GBP/JPY is near a key support at
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Risk Appetite Supports Canadian Dollar as it Test Key Levels Against Greenback
The Canadian dollar is bouncing in a one cent range against the U.S. dollar as currency markets ignore the only data released Thursday morning.USD/CAD is losing ground against a background of broad U.S. dollar weakness. The drop in the greenback is correlating with a modest rise in U.S. equity futures. The Canadian dollar is the fifth top currency against the greenback among the G10 currencies.Other commodity currencies. including the New Zealand Dollar, Swedish krona and Norwegian krone,
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Canadian Dollar and Other Commodity Currencies Move Higher Against U.S. Dollar
Commodity currencies are the top performers against the U.S. dollar as risk appetite moves back into financial markets, boosting equity markets Wednesday morning.The top performers of the day are the New Zealand dollar, the Australian dollar, the Norwegian krone and the Canadian dollar.Looking at USD/CAD, the cross has been on a strong downtrend throughout most of the session and remains near the bottom of Wednesday's trading range, hovering just above 1.20 CAD. Currency strategists are expecting stronger
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Grim News Causes Canadian Dollar to Lag Against Greenback
The Canadian dollar is one of the laggards on Monday following a weekend of disappointing news. OPEC's decision not to cut production, a grim outlook from the Bank of Canada and weaker-than-expected data are some of the reasons behind the loonie's weakness.The Canadian dollar is the second worst performer against the U.S. dollar among the G10 nation currencies. The only currency that is weaker than the loonie is the Japanese yen. It has been a relatively volatile session
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Canadian Dollar Makes Gains against Greenback as Fed Buys Bonds
The Canadian dollar has made major gains against the U.S. dollar since the Fed announced that it will purchase $300 billion in longer-term Treasury bonds.The move in the Canadian dollar reflects the broad U.S. dollar weakness following the FOMC interest rate announcement. USD/CAD broke below a key support level of 1.2570 CAD and could signal further short-term weakness. The cross is trading in the mid-1.24 CAD level.Although the loonie is higher against the U.S. dollar, it is
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North Korean Won / Canadian Dollar converter (KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF / CANADA)
North Korean Won / Canadian Dollar converter (KPW / CAD) will convert the currency of KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF in currency of CANADA with the actual exchange rate.
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Nepalese Rupee / Canadian Dollar converter (NEPAL / CANADA)
Nepalese Rupee / Canadian Dollar converter (NPR / CAD) will convert the currency of NEPAL in currency of CANADA with the actual exchange rate.
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Usd And Cad Forecast – Week Of Monday 15 June 2009
USDThe USD has gone increasingly volatile as of late against its major currency pairs. The USD/JPY cross is down for a second day at 96.42. This comes about as the U.S. shows some negative economic data for a second day in a row. Against the EUR, the USD is currently down by 30 pips at 1.3827. Versus the Pound, the USD has recorded ups and downs in the past week, and is down over 150 pips against the GBP at
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