usd/cad News

Canadian Dollar Drops From Parity as January Job Growth Misses Forecast
Canada's currency advanced to its strongest in three months versus the US dollar as payrolls in America, the nation's biggest trade partner, rose more than forecast and its jobless rate fell to the lowest since 2009. The currency, called the loonie for ...Canadian dollar advances on better than expected US employment report
By Malcolm Morrison, The Canadian Press | February 03, 2012 Canadian dollars or "loonies" are shown with US dollars Tuesday, April 6, 2010 in Montreal. THE CANADIAN PRESS/Ryan Remiorz TORONTO - The loonie shook off early losses and moved higher ...Canadian dollar closes above parity
TORONTO — The Canadian dollar has closed above parity with the US dollar for the first time since October, with currency traders encouraged to take on more risk following positive manufacturing data for China and the United States.2012 Forecasts: Canadian Dollar To Be Support By QE3 In 2H12
Canada will by no means escape from the recent global economic turmoil. As an economy heavily reliant on exports, the sovereign debt crisis in the Eurozone and the stringent fiscal consolidation to be adopted by the US are expected to hurt Canadian ...Canadian dollar exchange rates (CAD) are a big winner following strong Non ...
Canadian dollar exchange rate: Global markets have been caught by surprise following the release of strong US Non-Farm Payroll data. The pound Canadian dollar exchange rate is 0.51% lower at 1.5710, the euro Canadian dollar exchange rate is 0.58% lower ...Canadian Dollar Rises Further Versus Majors
(RTTNews) - The Canadian dollar advanced further against major currencies during New York mid-day trading on Friday. As of now, the loonie is trading near a new multi-month high of 0.9935 against the greenback, more than a 2-week high of 1.3032 versus ...Dollar Weakens Versus Euro on Speculation US Payrolls Climbed Last Month
Japan's currency traded within one yen of a postwar high versus the dollar amid speculation the country will act to weaken it. Canada's dollar fell against the greenback after a jobs report showed the unemployment rate unexpectedly increased.Canadian dollar holds above parity though Greek fears weigh
By Jon Cook TORONTO (Reuters) - The Canadian dollar was little changed against its US counterpart on Thursday, unable to firm further above parity as concerns over Europe's debt crisis offset encouraging US jobs data and remarks viewed as bullish from ...

usd/cad Analysis

Forex: USD/CAD finds support at 0.9930 and close the week below parity
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ...Forex: USD/CAD finds support at 0.9930 and close the week below parity
After that, the USD/CAD has been trading in consolidation mode in a small range between 0.9930 and 0.9940. The pair is closing the week at 0.9935, 0.55% below today's opening price action. "If stocks keep rising next week, the pair will likely keep ...USD/CAD Forecast February 3, 2012, Technical Analysis
USD/CAD had a tight range for the Thursday session as traders await the employment numbers out of both countries today. The two economies are interconnected in major ways, and as a result the pair can be tricky on a Non-Farm Payroll Friday.USD/CAD below 200-day moving average
I always look at the USDCAD for confirmation on dollar moves, it usually works pretty good and can sometimes be a leading indicator. i would not be surprised to see more dollar weakness across the board next week if it makes bearish closes.Mixed Reactions in the US Dollar to the Non-Farm Payroll
Risk appetite usually leads to pressure for the USD. Indeed we saw that against the commodity currencies like USD/CAD, AUD/USD and NZD/USD where dollar weakness was apparent right after the release although there has not been a follow through yet in ...Trade Idea: USD/CAD – Hold short entered at 1.0050
Despite intra-day brief bounce to 1.0034, as the greenback met renewed selling interest there and has retreated, retaining our bearishness for recent decline to resume after consolidation, below this week's low at 0.9964 would extend the decline from ...USD/CAD Classical Technical Report 02.03
By Joel Kruger, Technical Strategist USD/CAD: Our constructive outlook remains intact despite the latest interday pullback with the market largely still consolidating around parity ahead of what we believe will be an eventual retest of the key October ...Forex: USD/CAD retests 200-day MA - MIG Bank
FXstreet.com (Barcelona) - MIG Bank analysts see the USD/CAD retesting its 200-day MA after falling below key levels of 1.0080 and 1.0250. Only a push back above those targets can "resume the potential larger cycle recovery higher", says Ron William ...