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Momentum Continues to Support Canadian Dollar

The Canadian dollar continues to be one of the best performers despite broad-based gains by the U.S. dollar and more negative sentiment in financial markets.The risk aversion dominating currency markets is not supporting USD/CAD, as the cross remains under pressure. The Canadian dollar is the second best performer against the U.S. dollar - second only to the British pound - among G10 currencies.The U.S. dollar saw broad gains following higher-than-expected core CPI data. However the rally in

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Grim Canadian Data Could Add to Canadian Dollar Weakness

Weaker Canadian data could be having a slight impact on the Canadian dollar as equity momentum dominates currency markets.A drop in equities is causing a rally in the U.S. dollar across the board. Positive market sentiment caused a modest sell-off in USD/CAD in the Asian session. However, the sentiment dissipated just before the North American open. The cross is trading around the 1.24 level.The Canadian dollar continues to be one of the worst performers against the U.S.

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Canadian Dollar Shrugs off Negative Market Sentiment

According to some market strategists, some Canadian dollar buying in London is helping to boost the Canadian dollar against the greenback, Monday morning.The Canadian dollar is the second best performer against the U.S. dollar, but it is unlikely the loonie is benefiting from risk aversion sentiment, some strategists say. They pointed out that as soon as the short term flow is finished, the Canadian dollar could weaken significantly.USD/CAD traded higher overnight but hit its high during the

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Traders Hesitant to Short U.S. Dollar Ahead of Friday's NFP Report

U.S. dollar bears could be a little hesitant to look for further losses in the greenback ahead of Friday's nonfarm payrolls report.The U.S. dollar was under extreme pressure Thursday as U.S. equity indexes showed almost 3% gains across the board. The U.S. dollar index lost a full point on the day, closing at 84.446. The greenback gave back most of the gains it has made since March 27. Investors on Thursday morning were eager to move away from

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Le dollar canadien retourne vers le creux d’octobre, disent les analystes

Un rapport publié vendredi par RBC Marché de capitaux indique que le dollar américain se dirige vers de nouveaux sommets.« Fondamentalement, la détérioration des prévisions de croissance mondiale, les pressions à la baisse sur les prix des denrées et un marché américain haussier ont mis la table pour de nouveaux gains USD/CAD, » écrivent les stratèges David Watt et Matthew Strauss.Le mois a été tumultueux pour le taux de change USD/CAD. En octobre, le dollar américain a grimpé à 1,3019

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Barbados Dollar / Jamaican Dollar converter (BARBADOS / JAMAICA)

Barbados Dollar / Jamaican Dollar converter (BBD / JMD) will convert the currency of BARBADOS in currency of JAMAICA with the actual exchange rate.

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US Dollar Canadian Dollar (USD CAD) analysis

Forex trading. USD/CAD (US Dollar Canadian Dollar) technical analysis

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The Dollar Back On The Defensive, 1.3750 Is A Key Area.

The Dollar back on the defensive, 1.3750 is a key area. What’s new?Japan: Nikkei higher following less mediocre machine tools orders data.United States: Sharp rise in weekly unemployment registrations.United States: General Motors seek bankruptcy comparable to that of Chrysler.United States: Better than expected producer prices (+0.30%). Spain: Unp

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Euro Underperforms as Fourth Quarter GDP Shrinks

(CEP News) - Stronger equity futures are helping to support the euro against the U.S. dollar, but Friday's weaker-than-expected fourth-quarter GDP reports from Europe are hurting the currency on other crosses.The euro is under pressure against the Canadian dollar and the pound, but up against the U.S. dollar and Japanese yen. EUR/USD hit a high of 1.2943 in overnight trading and is now relatively flat at 1.2862. EUR/GBP is the big surprise, which gave up all its gains made since

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