Canadian dollar news

Falling oil prices paired with increased demands for the U.S. dollar continues to favor a bullish outlook for the USDCAD, and we may see the pair work...

Current Yesterday USD 0.43750 0.40000 GBP 3.00000 3.00000 EUR 2.93375 2.97625 JPY 0.53250 0.52750 CHF 0.98333 0.99167 AUD 5.62500 5.75000 CAD 2.55833 2.56667 NZD 6.70000 6.78750

1,2557. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on ...

1,5687. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support a...

(CEP News) - Markets on Thursday will be awaiting jobless claims data, along with the Philly Fed Survey and remarks from U.S. Treasury Secretary Henry Paulson.

The clock is ticking for a short-term AUDCAD range. For the past few weeks, the pair has worked itself into a very clear and concise range that would be...

(CEP News) Ottawa - After Wednesday's Speech From The Throne acknowledged a federal deficit may be necessary, Canadian Liberal finance critic John McCallum warned that deficits can be addictive.

(CEP News) Ottawa - The federal government will go ahead with the creation of a Canadian financial securities regulator regardless of whether all of the provinces are on board with the idea, federal Finance Minister Jim Flaherty said on Wednesday.

(CEP News) Ottawa - A tax watchdog group has taken the federal government to task over its apparent willingness to run a fiscal deficit.

(CEP News) - The average price of gas Canadians paid at the pumps last week continued to fall for the ninth consecutive week, with prices down on average another 3.3 cents in the week ending Nov. 18, according to MJ Ervin & Associates.

(CEP News) Ottawa - The government of Canada conceded Wednesday that it will probably have to run a budgetary deficit to help it get through the current global economic downturn.

(CEP News) Ottawa - The government of Canada laid out its plans for a new session of Parliament Wednesday, but the Throne Speech immediately ran into strong criticism from two opposition leaders.

(CEP News) Ottawa - Business owners' expectations have followed a steady path downward over the last six weeks, according to a report from the Canadian Federation of Independent Business (CFIB) analyzing the findings of weekly business sentiment surveys over the span of a month and a half.

(CEP News) Ottawa - Former Bank of Canada Governor David Dodge says his successor should stay the course with a long-term monetary framework of inflation-targeting and a flexible exchange rate.

(CEP News) Ottawa - Analysts are expecting to see another dip in Canada's wholesale trade numbers when figures for September are released Thursday by Statistics Canada.

(CEP News) Ottawa - Leaders attending the Asia-Pacific Economic Cooperation summit in Lima Peru should focus on the economy as their increasingly economically integrated countries face diminished growth prospects, a series of reports released Wednesday by the Asia Pacific Foundation of Canada (APFC) suggest.

(CEP News) Ottawa - In the face of a deepening global recession, countries around the world need to co-operate in developing reforms that speed a recovery and guard against a repeat of the turmoil that has roiled global economic markets for the past year-and-a-half, Bank of Canada Governor Mark Carney said Wednesday. He also said that further Canadian interest rate cuts are likely required.

The overall US Dollar/Canadian Dollar uptrend remains intact, but we see that the USD/CAD continues to fail at the 61.8 percent Fibonacci retracement of...

(CEP News) Ottawa - Total visits to Canada rose 2.1% in September thanks to increased overnight travel from the U.S., Statistics Canada reported Wednesday.

(CEP News) Ottawa - Canadian and foreign investors were of a similar mind in September, selling bonds and purchasing stock.

(CEP News) Ottawa - Statistics Canada's composite leading index fell 0.4% in October, a tick above economists' consensus estimate.

(CEP News) - Some key U.S. inflation and housing reports will dominate the economic data of the day along with Canadians securities transactions and the U.S. Department of Energy's weekly oil inventories. However, central bankers will also garner attention as markets receive comments from Bank of Canada governor Mark Carney in the morning, along with various Fed and Bank of England speakers throug…

1,2378. USD CAD is in a range between 1,2200 and 1,2420. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,2420 (42 pips). The price should continue to move in Bollinger bands. If the resistance is broken...

After peaking to a high of 103.50 in September, the CADJPY plunged to a low of 70.98 on 10/27, and may retest last month’s low over the week as risk sentiment...

Current Yesterday USD 0.43750 0.40000 GBP 3.00000 3.00000 EUR 2.93375 2.97625 JPY 0.53250 0.52750 CHF 0.98333 0.99167 AUD 5.62500 5.75000 CAD 2.55833 2.56667 NZD 6.70000 6.78750 3-month...

1,5633. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressur...

It seems as if we are in the last leg of a triangle and while 1.2177-92 supports (max 1.2146) we should see the uptrend resume...

(CEP News) - On Wednesday, all eyes will be on U.S. CPI to see if inflation is starting to fall.

(CEP News) Ottawa - Future financial crises might be prevented if defaulting on a debt meant automatic ownership transfer to the debt holders, says a Canadian university economist.

(CEP News) Ottawa - Citing the need for predictability in a time of fiscal restraint, the federal government has made a final wage offer to its core public administration employees that it says amounts to a 6.8% wage increase over the next four years.

(CEP News) Ottawa - Canadians are growing increasingly fidgety about the future of the country's real estate market, according to survey results released Tuesday by the Canadian Association of Accredited Mortgage Professionals (CAAMP).

(CEP News) Ottawa - As commodity prices rose and import prices fell between 2003 and 2007, Canada saw unprecedented, countrywide gains in purchasing power, a new report from Statistics Canada says.

(CEP News) Ottawa - Canadians owned more vehicles but drove them less in the second quarter of 2008 compared with the same period last year, Statistics Canada reported Tuesday.

Current Yesterday USD 0.40000 0.40000 GBP 3.00000 3.00000 EUR 2.97625 3.00625 JPY 0.52750 0.52000 CHF 0.99167 0.99167 AUD 5.75000 5.81250 CAD 2.56667 2.50000 NZD 6.78750 6.62500 3-month...

1,2310. USD CAD is in a range between 1,2090 and 1,2420. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should cont...

1,5499. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger ban...

Our Forex Automated Trading Signals bought the U.S. Dollar against it’s Canadian counterpart using the Momentum2 strategy. It also set a trailing-stop...

(CEP News) - On Tuesday, the producer price index for October and the National Association of Home Builders (NAHB) Housing Market Index for November will be released in the U.S. Market participants will also be interested in hearing testimony from Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson.

(CEP News) Ottawa - Canada's Parliament returns to work this week after a break of more than two and a half months, and the single biggest item of interest is expected to be how to deal with the continuing global economic turmoil.

(CEP News) Ottawa - Canada's oil and gas extraction industry spent $2.8 billion to protect the environment in 2006, nearly one-third of the $8.6 billion invested in environmental protection by all businesses operating in Canada that year, Statistics Canada reported Monday.

(CEP News) Ottawa - Canadian shoppers spent almost $12.8 billion buying goods online in 2007, a 61% increase from two years earlier, Statistics Canada reported Monday.

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There is no change to the call for a push above 1.3025 prior to formation of a more important top.

Forex market volatility has remained high, but many of the major currency pairs have simply range-traded between key support and resistance levels. Event...

Current Yesterday USD 0.40000 0.41250 GBP 3.00000 3.00000 EUR 3.00625 3.05125 JPY 0.52000 0.53750 CHF 0.99167 0.96667 AUD 5.81250 5.75000 CAD 2.50000 2.46667 NZD 6.62500 6.47500 3-month...

1,2374. USD CAD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a resistance below 1,2420 (46...

1,5546. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5660 (114 pips). The price should consolidate. We won't take a position. The risk/rewa...

In the last hour our “Momentum 2” Forex Buy/Sell Automated Trading Signal has suggested a USDCAD buy trade. As the pair trades upward the indicator places...

(CEP News) - Inflation data in the U.S. and Canada will be the highlight in the coming week, but won't have much impact on market direction, according to some strategists.

The Canadian Dollar fell further against the US Dollar, as a dismal finish to the end of the week’s S&P TSX and Dow Jones Industrial Average trade led...

(CEP News) - The Canadian dollar was the worst performing major currency on Friday and signs are pointing to further declines as world growth slows and commodity prices decline, analysts say.

(CEP News) Ottawa - Canadian workers will pay the same premium for employment insurance coverage in 2009 that was in effect this year, the federal government announced Friday.

(CEP News) Ottawa - New orders for manufactured goods plunged 3.6% in September, and economists are consequently writing off a surprise 0.1% increase in manufacturing sales as a temporary occurrence.

(CEP News) Ottawa - Canada's resale housing market slowed sharply in October and an economist is warning that there is more bad news ahead.

(CEP News) Ottawa - As the leaders of G20 countries grapple with the dilemma of how to deal with the financial crisis, they can look to Canada as a role model for financial system regulation, Prime Minister Stephen Harper said at a press conference in Winnipeg in advance of G20 talks in Washington, D.C.

(CEP News) Ottawa - Sales of existing homes in Canada plunged to their lowest level in more than six years in October, the Canadian Real Estate Association (CREA) reported Friday.

(CEP News) - The key release of the morning saw U.S. retail sales fall by record levels in October, while the preliminary Reuters and University of Michigan consumer confidence report held steady in November. In Canada, manufacturing sales edged up in September while auto sales rose 2.5% in the month.

(CEP News) Ottawa - Higher material costs pushed the price of non-residential construction in Canada up 2.4% in the third quarter compared with the previous three-month period, Statistics Canada reported Friday.

(CEP News) Ottawa - Manufacturing sales edged up 0.1% to $52.2 billion in September despite decreasing industrial product prices.

(CEP News) Ottawa - Auto dealers sold 141,574 vehicles in September for a 2.5% increase in sales in Canada over the previous month, and their first increase after three straight months of falling sales, Statistics Canada reported Friday. Year-over-year, new auto sales were up 2.2%.