|Day's Range||0.755 - 0.756|
|52 Week Range||0.7284 - 0.7683|
The Canadian dollar is steady on Monday, after weak Canadian job numbers sent the currency lower on Friday. EUR/GBP has dropped to its lowest level since May 2017, as the pound continues to gain ground.
With stats on the lighter side, we can expect geopolitics to be in focus. Trade and the UK General Election are likely to be the talking points…
The Canadian dollar is flat on Friday, but that could change in the North American session. Canada and the U.S. will both release key employment numbers at 15.:30 GMT.
Nonfarm payrolls from the U.S will influence later in the day. The UK election opinion polls and trade news also need a watchful eye.
The Canadian dollar is steady on Thursday, after an optimistic Bank of Canada rate statement boosted the currency. Higher oil prices have also contributed to the Canadian dollar gaining ground.
The Canadian dollar has posted strong gains after the BoC held rates and sent a positive message to the markets. EUR/GBP has posted sharp losses, as British Construction PMI beat the forecast.
The overnight rate stays at 1.75 per cent for the ninth straight meeting, where it’s been since last October.
It’s a busy day ahead. Geopolitics, the BoC and service sector activity will keep the markets busy on the day ahead…
The Canadian dollar continues to trade sideways this week. With no Canadian events on the schedule, I expect a quiet North American session for USD/CAD. That could change on Wednesday, as the Bank of Canada holds its monthly policy meeting.
The RBA gives the Aussie Dollar a boost as it holds back from any rate cut talk. Chatter on trade and UK politics will garner the market attention today.
Economic data out of China provides early support, as the markets look ahead Eurozone and U.S data later in the day. Geopolitics will also be in focus…
The Canadian dollar is quiet, but that could change in the North American session with the release of GDP. EUR/GBP is showing little movement, as the post-Thanksgiving hangover has crossed the Atlantic.
Economic data and geopolitics will keep the markets busy. Any response retaliation from China would likely overshadow the economic calendar…
The Canadian dollar is flat on Thursday. The lack of movement could change on Friday, with the release of Canadian GDP. EUR/GBP has posted slight gains, but the pair continues to put pressure on a key support level.
The Canadian dollar is calm on Wendesday. The currency yawned as U.S. GDP showed a 2.1%, which was better than expected. Canada will release September GDP on Friday, so we could see some volatility from USD/CAD before the weekend. EUR/GBP has sustained losses, on fears of a trade war between the U.S. and the EU.
The Canadian dollar shrugged after Canadian corporate profits slowed considerably. EUR/GBP has gained ground, buoyed by a positive consumer confidence report out of Germany.
As updates on trade continue to grip the markets, consumer confidence figures out of Germany and the U.S will also garner interest today.
The Canadian dollar has started the week quietly, despite a strong Wholesale Sales report. EUR/GBP has lost ground and fell to a 1-week low in the European session.