Insights

Nov 21, 2017
U.S. Thanksgiving holiday Mode Already Kicks In

Moneyway Analysts Report: U.S. Thanksgiving holiday mode already kicks in, Canadian dollar stronger. It looks like traders have already started to flatten their positions as the USD fell against most currencies, but it is still trading within recent ranges. Expect Thursday and Friday to be quiet, due to the holidays and very little U.S. economic data. […]

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By MoneyWay
Nov 20, 2017
Oil drops Below $56 USD and Weaker Canadian Dollor

  Moneyway Analysts Report: Uncertainty on Germany’s new government coalition causes the USD to strengthen and oil prices to drop. German Chancellor Merkel was unable to form a three-way coalition as the pro-business Democrats withdrew from the process. The euro fell slightly, however, if its determined that Germany cannot come to a resolution, then expect […]

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By MoneyWay
Nov 17, 2017
Weaker Canadian inflation, weaker Canadian dollar.

Moneyway Analysts Report: Today’s CPI numbers has basically wiped out any chance of an interest rate hike this year, or even the spring. October consumer price index edged up 0.1 percent on the month and was up 1.4 percent from a year ago as anticipated. The annual gain was a slowdown from September’s 1.6 percent […]

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By MoneyWay
Nov 14, 2017
Oil Falls 2%, Canadian Dollar Unchanged

Moneyway Reports: The Canadian dollar remains unchanged even as oil prices fall 2%. The International Energy Agency came out with a worse than expected outlook for global demand for oil. It’s basis was that China’s economic numbers are not as good as forecast, and therefore demand will drop. Some analysts took this as a valid […]

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By MoneyWay
Nov 10, 2017
Narrow range on the Canadian Dollar

Moneyway Reports: Uncertainty as to the proposed U.S. tax plan has caused equities to falter, plus currency markets have been relatively quiet, while oil prices remain unchanged. The Canadian dollar is the same, while there are no significant economic releases until next Friday, analysts will be watching for the Bank of Canada’s speech on Tuesday. […]

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By MoneyWay
Nov 9, 2017
Uncertain Oil Traders and a Slightly Better Canadian Dollar

Moneyway Analysts report: Oil continues to trade over $57 USD a barrel, Canadian dollar a little better. Oil is close to levels not seen since mid-2015, traders are nervous that oil supplies could be disrupted as tensions between Saudi Arabia and Iran move to the forefront of the political stage. Saudi Arabia has gone as […]

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By MoneyWay

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