CAD weakens on retail sales as Bank of Canada report awaited
USD CAD – CAD weakens on retail sales as Bank of Canada report awaited
The Canadian dollar was weaker against the greenback on Wednesday, touching a session low after data showed Canadian retail sales fell unexpectedly in August, as the market awaited the Bank of Canada's quarterly policy report, due later in the morning, reports Reuters. ...
Euro inches higher
EUR USD – Euro inches higher
Euro is inching higher against US dollar, as traders trimmed bets the Fed will raise interest rates by October 2015 to a 46 percent chance yesterday, from 51 percent at the end of last week. ...
Canadian firmed after wholesale trade rise
USD/CAD: Canadian firmed after wholesale trade rise
The Canadian dollar firmed modestly against the greenback today, boosted by figures showing an unexpected rise in domestic wholesale trade in August, while investors were looking ahead to the Bank of Canada’s policy statement later this week, reports Reuters. ...
Dollar climbs back before an Industrial Production Report
EUR/USD: Dollar climbs back before an Industrial Production Report
The dollar climbed against the euro, paring yesterday’s drop that was the biggest in more than a year. ...
Canadian Dollar touched its lowest point in 5 years
USD/CAD: Canadian Dollar touched its lowest point in 5 years
Canadian dollar fell to its lowest in more than five years as prices for crude oil dropped to levels that may endanger development of the nation’s largest export and curb business investment. ...
Euro down as economic data highlights risks of slowdown
EUR/USD: Euro down as economic data highlights risks of slowdown
The euro slid as Eurostat in Luxembourg said industrial production in the euro area declined 1.8 percent in August, matching September 2012’s level which was the least since 2009. ...