USDCAD Still in a Narrow Channel
By MoneyWay | Aug 22, 2018
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U.S. Accuses China of FX Manipulation
moneyway.com/u-s-accuses-chi…
moneyway.com/unprecedented-m… USDCAD continues its narrow range as markets prepare for another rate hike by the Bank of Canada next month #analysts #announcements #currency #exchange #canada
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moneyway.com/talks-between-c… U.S. announced that it welcomed China saying it will send Vice Commerce Minister Wang Shouwen to the U.S. for low-level talks in late August. #analysts #announcements #currency #exchange #canada
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Worries about a potential economic slowdown in China, US/Turkey tensions rising even higher, commodities dropping, leaving U.S, stock markets having their worst day in two months yesterday. #analysts #announcements #currency #exchange #canada
moneyway.com/u-s-consumer-de… U.S. household debt reached a new peak of $13.3 trillion, $618 billion higher than the previous peak of $12.68 trillion....#analysts #announcements #currency #exchange #canada
moneyway.com/us-dollar-soars… spats seem to be the over riding factors today, Canada/Saudi Arabia, China/U.S., Turkey/U.S., Mexico/U.S., etc…#analysts #announcements #currency #exchange #canada
moneyway.com/saudi-canada-sp…
#analysts #announcements #currency #exchange #canadaIn the grand scheme of things, the amount of trade that Canada does with Saudi Arabia is not that much for either country, however, this is where the bark is worse than the bite.
moneyway.com/canadian-dollar… Canadian dollar has ranged from 1.3050-1.3120, based on announcements from Saudi Arabia, it said it is considering additional measures against Canada...#analysts #announcements #currency #exchange #canada
moneyway.com/usd-buying-cont… as oil rebounded over $70 USD a barrel for WTI, other commodities continue to fall such as gold and silver. #analysts #announcements #currency #exchange #canada
moneyway.com/usdcad-slowing-… erased most of its morning losses after the release of the weekly oil inventory data, it seems that the USDCAD has followed in tandem so far. #analysts #announcements #currency #exchange #canada
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moneyway.com/canadian-dollar… is now below $68 USD a barrel for West Texas Intermediate, it is also below its 50-day moving average, OPEC countries are fulfilling their earlier commitments of ramping up production. #analysts #announcements #currency #exchange #canada
moneyway.com/canadian-dollar… earnings are starting to be released, equity markets are slowing selling off, analysts are unsure if this round of reports will be as good as anticipated.#analysts #announcements #currency #exchange #canada
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moneyway.com/canadian-dollar… prices are now just below $70 USD a barrel for West Texas Intermediate, analysts still fear global trade wars, however, there is a different tune being played on global equity markets. #analysts #announcements #currency #exchange #canada
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moneyway.com/usdcad-still-wi… USDCAD remains unchanged and will likely stay that way till tomorrow. #analysts #announcements #currency #exchange #canada
moneyway.com/canadian-dollar… is now an 80% chance that the Bank of Canada will hike interest rates on Wednesday, analysts full expect a 25 basis point move higher.Expect a narrow range till then.
moneyway.com/?p=954&preview=… employment in June was up 32,000. As more people are searching for work, the unemployment rate increased 0.2 percentage points to 6.0 percent. #analysts #announcements #currency #exchange #canada
moneyway.com/markets-wait-fo… Canada and the U.S. release their employment numbers tomorrow, neither is expecting changes in their unemployment rates, the U.S. 3.8%, Canada 5.8%. #analysts #announcements #currency #exchange #canada
















