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USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

$USDCAD Canadian Dollar Subdued as US Markets Closed

USDCAD Canadian Dollar Subdued as US Markets Closed USD-CAD Buz Investors Canadian Dollar Subdued   USD/CAD declined for a third consecutive week to erase gains from a two-week rally inspired by the December Fed meeting. The pair made a critical technical break in the past week as a trendline dating back to lows posted in May was breache d. The 200-period daily moving average held the pair higher in the late week and will remain a pivotal indicator for a directional bias in the upcoming week. USD/CAD The bulk of the volatility…

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USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

$USDCAD Canadian Dollar Steady, Markets Eye US Retail Sales and Consumer Confidence

USDCAD Canadian Dollar Steady, Markets Eye US Retail Sales and Consumer Confidence USD-CAD Buz Investors Canadian Dollar Steady   USD/CAD has been under pressure since the Trump press conference. While a drop below an important rising trendline following the conference on Wednesday was not sustained, bearish momentum was regained in early Asian trading with a clear break of the trendline. A daily close would be required to confirm the trendline break and despite a notable recovery in European trading, it is unlikely the currency pair would regain the trendline by the…

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Buz Investors Dollar tumbles The US dollar hit its lowest level in five weeks against a basket of currencies on Thursday and was on course for its worst week since November, hit by a loss of confidence in the U.S. reflation trade a day after a news conference by U.S. President-elect Donald Trump. Forex News 

Dollar tumbles to five-week lows as Trump trade loses steam

Dollar tumbles to five-week lows as Trump trade loses steam Buz Investors Dollar tumbles The US dollar hit its lowest level in five weeks against a basket of currencies on Thursday and was on course for its worst week since November, hit by a loss of confidence in the U.S. reflation trade a day after a news conference by U.S. President-elect Donald Trump. Speculators had driven the dollar index, which measures the greenback against a basket of six major currencies, to a one-week high Wednesday in anticipation that Trump’s first…

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports Market News 

USDJPY Dollar Edges up to 116 Yen, Trump Press Conference Next

USDJPY Dollar Edges up to 116 Yen, Trump Press Conference Next USDJPY Buz Investors Dollar Edges up  This morning, at 10:40 GMT, the US Dollar is trading at 116.30 against the Yen, 0.47% higher from the New York close. Early morning data showed that Japan’s preliminary leading economic and coincident indices, both advanced more than expected in November. During the session, the pair traded at a high of 116.35 and a low of 115.64. Yesterday, the US Dollar traded 0.4% lower against the Yen in the New York session and…

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USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

USDCAD Canadian Dollar Unchanged Ahead of Crude Inventories and Trump Speech

USDCAD Canadian Dollar Unchanged Ahead of Crude Inventories and Trump Speech USDCAD Buz Investors Canadian Dollar Unchanged The pair is trading at 1.3233 at 10:40 GMT this morning, with the USD trading marginally higher against CAD from the New York close. The pair traded at a high of 1.3254 and a low of 1.3213 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing 0.18% lower at 1.3230. Data showed that Canada’s seasonally adjusted housing starts rose more than estimated in December, whereas…

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Silver Support levels broken, looking to 19.20 Commdities 

Silver Prices Range Bound as US Dollar Recovers

Silver Prices Range Bound as US Dollar Recovers Silver Buz Investors Silver Prices Range Bound The precious metal is trading at $16.81 per ounce at 10:40 GMT this morning, 0.12% lower from the New York close. During the session, silver traded at a high of $16.89 per ounce and a low of $16.79 per ounce. In the New York session yesterday, silver rose 1.14% and closed at $16.83 per ounce. Immediate downside, the first support level is seen at $16.62 per ounce, while on the upside, the first resistance level…

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USDCHF Clawing Back Following Monday’s Break Forex News 

$USDCHF Off the Lows as Dollar Stabilizes

USDCHF Off the Lows as Dollar Stabilizes USDCHF Buz Investors USDCHF Off the Lows The US Dollar is trading at 1.0130 against the Swiss Franc at 10:40 GMT this morning, 0.19% lower from the New York close. Earlier in the session, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in December, meeting market expectations. The pair traded at a high of 1.0156 and a low of 1.0107 this morning. Yesterday, the USD traded 0.33% lower against the CHF in the New York session and ended at 1.0149 . The…

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USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

$USDCAD Canadian Dollar Nudges Higher on Mixed Construction Numbers

USDCAD Canadian Dollar Nudges Higher on Mixed Construction Numbers USDCAD Buz Investors Canadian Dollar Nudges Higher The pair is trading at 1.3218 at 10:40 GMT this morning, with the USD trading marginally higher against CAD from the New York close. Ahead in the day, investors will focus on the release of Canada’s housing starts and building permits data. The pair traded at a high of 1.3241 and a low of 1.3196 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing 0.44% lower at…

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USDCAD Trump Shock Pushes Canadian Dollar Down Market News 

$USDCAD Canadian Dollar Higher After Excellent Canadian Job Numbers

USDCAD Canadian Dollar Higher After Excellent Canadian Job Numbers USDCAD Buz Investors  USDCAD Canadian Dollar Higher The pair is trading at 1.3262 at 10:40 GMT this morning, with the USD trading 0.22% higher against CAD from the New York close. The pair traded at a high of 1.3269 and a low of 1.3224 this morning. The US Dollar declined against the Canadian Dollar in the New York session on Friday, closing 0.23% lower at 1.3233. The Canadian Dollar gained ground, after the net number of people employed in Canada surprisingly…

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USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

USDCAD Canadian Dollar Holding Ahead of Canadian, US Job Numbers

USDCAD Canadian Dollar Holding Ahead of Canadian, US Job Numbers USDCAD Buz Investors Canadian Dollar Holding  The pair is trading at 1.3248 at 10:40 GMT this morning, with the USD trading 0.19% higher against CAD from the New York close. Going ahead, Canada’s unemployment rate, the Ivey purchasing managers’ index and international merchandise trade data, all scheduled to release in a few hours will pique a lot of investor attention. The pair traded at a high of 1.3267 and a low of 1.3217 this morning. The US Dollar declined against…

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