Quotes from Western Union:- The loonie drifted below two-week highs hit Tuesday as oil weakened anew, weighing generally on sentiment. On the local data front, Canada got some good news as wholesale trade topped forecast…
- The loonie drifted below two-week highs hit Tuesday as oil weakened anew, weighing generally on sentiment. On the local data front, Canada got some good news as wholesale trade topped forecasts with a 2.5 percent gain in December compared to forecasts for a smaller rise.
- The loonie may struggle to sustain any gains on caution ahead of a Friday report that's forecast to show Canadian consumer spending ended 2014 with a decline, news that if realized would add to the case for another Bank of Canada rate cut in the months ahead.
- The current market remains home to much value for CAD buyers with the loonie having started the year well below C$1.20.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
