Tag Archive: loonie

Dollar Strong Ahead of July 4 Holiday

The US dollar is higher against most major currencies on Friday. The Canadian dollar was the single currency that appreciated versus the greenback. The loonie moved higher at the end of the week with the release of a stronger than…
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OANDA Market Beat Podcast

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t…
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Canada: Monthly Survey of Manufacturing, April 2018

Manufacturing sales fell 1.3% to $56.2 billion in April, following two consecutive monthly increases. Sales were down in 10 of 21 industries, representing 49.6% of the manufacturing sector. Sales in the petroleum and coal products and transportation equipment industries accounted…
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Dollar Falls As US Fires First in Trade War

The US dollar is lower against most major pairs on Thursday. The United States announced earlier in the day that it would apply tariffs on steel and aluminium imports form EU, Canada and Mexico. The NAFTA pairs depreciated as a…
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Fed Minutes to Drive Market as Trade Concerns Recede

The US dollar is mixed ahead of the release of the minutes from May’s Federal Open Market Committee (FOMC) meeting. The central bank held rates unchanged but there is almost 100 probability of a 25 basis points rate hike at…
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Commodity currencies are beaming

  Currency Markets The US dollar has given up some of its gains overnight as investors keenness for Greenbacks has temporarily abated. The shifting dynamics around trade and tariffs does give pause for thought as US dollar bulls are consolidating gains at…
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