Posts Tagged ‘Canadian dollar’
The problems of Europe still plague markets and the US manufacturing weakened.
The problems of Europe still plague markets and the unfavorable reports showed that the US manufacturing weakened. The resulting shift of markets to risk aversion mode was negative to the Canadian dollar.
(more...)Tags: Canadian dollar, US manufacturing
Weekly overview, Forex and Precious Metals 15th KW 2011
Tags: Australian Dollar, Canadian dollar, currency market, interest rate, Japanese yen, palladium, platinum, precious metal, silver
Euro Canadian dollar bounces back in – what’s the goal?
In this chart we look at the technical meeting Euro (EUR) Canadian Dollar (CAD) The Canadian dollar traded € here, that increases the EUR / CAD, adds value to the euro. Reverse can be said: The Canadian dollar depreciates then. Read the rest of this entry »
Dollar ‘Retreats’ on Jobs Data; Ahead of Payroll Report.
British Pound (BPM8): The BP opened weaker at 1.9721 on concerns that further slowing in the economy and weaker housing data will lead to a much anticipated rate cut at the next MPC meeting. Weaker European equity markets saw early carry-trade gains taken off the table, before the DX slide bolstered most other major foreign currency markets. Prices rose throughout the session and hit a daily Hi of 1.9871, before sliding towards the close to end the day at 1.9843, up 74 tics. The close above the 9-day MA changes the s/t trend to ‘positive’ w/ ‘weak’ momentum indicators. The s/t yield is still attractive to carry-traders, but the slowing economic conditions Read the rest of this entry »
Tags: best foreign exchange rates, British Pound, Canadian dollar, currency exchange rates, Euro Currency, foreign currency exchange, foreign currency exchange rates, Foreign Exchange, foreign exchange rates, Japanese yen
Oil and the Japanese economy, an attractive oil play: CAD / JPY
Oil and the Japanese economy.
Across the spectrum is Japan, which imports virtually all its oil (compared to U.S., which imports about 50%). For 2009, is the third largest net oil importer in the world, according to the U.S. and China. The lack of domestic energy sources, and the need to import vast quantities of oil, natural gas and other energy resources, make it a country particularly sensitive to changes in oil prices. In Japan also lacks flexibility to make use of nuclear energy as a large net importer of uranium for nuclear power plants. Read the rest of this entry »
Tags: CAD / JPY, Canadian dollar, currency, Japanese yen, USD / CAD
The Largest Currency Operations ever made. Part I
The international currency market (Forex) is the world’s largest, as the circulating currency whenever goods and services are exchanged between nations. The sheer size of the transactions that occur between different countries gives opportunities for arbitrage speculators (Arbitrage), because the fluctuating currency values per minute.
Typically, these speculators are many foreign exchange transactions in exchange for small gains, but sometimes it takes a strong position in search of a huge profit or, when things go wrong, direct to a huge loss. Read the rest of this entry »
Tags: Canadian dollar, currency, Forex, money
