The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw materials slid, affecting also the loonie’s advance.(…)
Read the rest of Loonie’s Rally Ends on Oil Drop (125 words)
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The Canadian dollar gained for another session, in a rally that seems to be endless, as the Federal Reserve ratified its dovish position on its interest rates, allowing the strong flow of capital from the U.S. towards north to continue for another day.(…)
Read the rest of Canadian Dollar Flirts with Greenback Parity on Commodities (125 words)
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After a rather gloomy start of the year for the loonie as investors returned to the U.S. as its economy picked up in the two moths of 2010, the Canadian dollar is once again making its way towards parity with its U.S. counterpart, as commodities and stocks continue to push its rates up.(…)
Read the rest of Loonie to Reach Parity with Greenback? (127 words)
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The loonie ended this Thursday posting an amazing result of 10 straight days of advance versus its U.S. counterpart and also gaining versus multiple important currencies as risk appetite has been favoring markets with significant influence on the Canadian dollar.(…)
Read the rest of Who Can Stop the Loonie? (141 words)
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The Canadian dollar had an amazing eighth day of consecutive gains versus its southern counterpart as currencies tied to growth profited from another session of optimism in commodities and equities markets, allowing the loonie to remain bullish.(…)
Read the rest of Canadian Dollar Keeps Uptrend on Growth (110 words)
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The Canadian dollar traded high versus its U.S. counterpart and several other key-currencies in foreign-exchange markets as its main commodity export, the crude oil, rose again allowing the loonie to start this week advancing.(…)
Read the rest of Canada’s Dollar Gains on National Commodities (121 words)
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The Canadian dollar started the month of March on a bullish pattern after policy makers in the country affirmed that inflation is slightly above what the Bank of Canada expected, fueling speculations that interest rates may be hiked in the country anytime soon.(…)
Read the rest of Canadian Dollar Profits from Central Bank Comments (123 words)
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The Canadian dollar started this week extending a rally started last Friday as quarterly gross domestic product figures in the country surprised forecasts positively, attracting more traders to inject capital in the country as the North American economy rebounds.(…)
Read the rest of Canada’s Dollars Starts Week Bullish on GDP (145 words)
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The Canadian dollar pared some of the losses occurred this week as risk appetite rose significantly before the end of this Friday’s session, allowing the loonie and other currencies tied to growth to outperform a weakened U.S. dollar.(…)
Read the rest of Canadian Dollar Benefits from Poor U.S. Data (66 words)
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The Canadian dollar slid to the lowest level in two weeks versus its U.S. counterpart as pessimism regarding the global economy is affecting the outlook for currencies linked to growth, as its the case of the loonie, since Canada is one of the world’s leading suppliers of commodities.(…)
Read the rest of Risk Averse Scenario Moves Loonie Charts (153 words)
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