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Currencies Canadian Dollar

  • The dollar held below a one-year high after U.S. President Donald Trump expressed concern about a stronger currency, although a weakening Chinese yuan reduced risk appetite.

  • July 19- The Canadian dollar fell to a three-week low against a broadly strong U.S. dollar on Thursday, hammered global trade after President Donald Trump said the United States wants to negotiate bilateral deals with Canada and Mexico. against the Canadian currency to C $1.3256, after. earlier hitting a three-week peak of $1.3268.

  • The dollar rose to a one-year high against a basket of currencies on Thursday, gaining for a third straight session.

  • *Trumps says may do bilateral deals with Canada, Mexico. July 18- The Canadian dollar rose against the U.S. dollar on Wednesday, reversing earlier losses, after President Donald Trump said he may negotiate separate trade deals with Mexico and Canada. "We have had very good sessions with Mexico and with the new president of Mexico, who won overwhelmingly, and we're...

  • The dollar rose to a three-week high on Wednesday, as demand increased after upbeat comments from U.S. He reiterated his remarks on Wednesday before a U.S. House panel. 

  • *Canada factory sales rose 1.4 percent in May from April. July 17- The Canadian dollar dropped on Tuesday, as the U.S. dollar rose across the board after Federal Reserve Chairman Jerome Powell struck a bullish tone in prepared remarks on the U.S. economy before a congressional committee. Powell, in testimony to the Senate Banking Committee, said the U.S. economy is on...

  • *Canada factory sales rose 1.4 percent in May from April. July 17- The Canadian dollar dropped on Tuesday, as the U.S. dollar rose across the board after Federal Reserve Chairman Jerome Powell struck a bullish tone in prepared remarks on the U.S. economy before a congressional committee. Powell, in testimony to the Senate Banking Committee, said the U.S. economy is on...

  • *U.S. dollar up 0.3 percent at C $1.3176. Still the outlook for the Canadian dollar remained negative, analysts said, even though the Bank of Canada raised interest rates last week for the fourth time since July 2017, as the market has yet to fully price in the impact of global trade tensions. "Domestic rate expectations have softened modestly and yield spreads have...

  • The dollar rose on Tuesday as Federal Reserve Chairman Jerome Powell provided an upbeat assessment on the U.S. economy while downplaying the impact of current global trade policy discussions on the outlook for further monetary tightening.

  • July 16- The Canadian dollar drifted higher against the U.S. currency on Monday, benefiting from the greenback's overall weakness, but the outlook remained tilted to the downside amid global trade tensions with the United States and the European Union. "This is mostly U.S.-dollar driven," said Mazen Issa, senior FX strategist at TD Securities in New York.

  • July 16- The Canadian dollar rose against the U.S. currency on Monday, benefiting from the greenback's overall weakness, but the outlook remained skewed to the downside amid global trade tensions with the United States and the European Union. percent at C $1.3142 against the Canadian unit. "This is mostly U.S.-dollar driven," said Mazen Issa, senior FX strategist...

  • The dollar fell after posting its largest weekly gain in a month last Friday, as investors pared back their long bets on the greenback and rebalanced their positions ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony.

  • TORONTO, July 13- The Canadian dollar was little changed against its U.S. counterpart on Friday as oil prices rose, but for the week the loonie was on track to fall 0.6 percent after broader gains for the greenback offset a Bank of Canada interest rate hike. At 3:30 p.m. EDT, the Canadian dollar was trading near unchanged at C $1.3159 to the greenback, or 75.99 U.S....

  • TORONTO, July 13- The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback broadly climbed, with a trade deal between Canada and the EU being potentially at risk. At 10:08 a.m. EDT, the Canadian dollar was trading 0.2 percent lower at C $1.3183 to the greenback, or 75.86 U.S. cents. Italy will not ratify the European Union's free trade...

  • The euro fell to a eight-day low as U.S. inflation numbers boosted interest rate expectations and an easing in trade tensions between the United States and China supported the dollar.

  • TORONTO, July 12- The Canadian dollar strengthened against its U.S. counterpart on Thursday, rebounding from an earlier 10- day low, as investor appetite for risk recovered and after the Bank of Canada raised interest rates on Wednesday for the second time this year. At 8:41 a.m. EDT, the Canadian dollar was trading 0.5 percent higher at C $1.3150 to the greenback,...

  • The U.S. dollar strengthened against the Japanese yen to a six-month high on Thursday, bolstered by solid inflation data

  • *Bank of Canada hikes 25 basis points to 1.50 percent. TORONTO, July 11- The Canadian dollar weakened to a more than one-week low against its U.S. counterpart on Wednesday as broad-based gains for the greenback offset an interest rate hike by the Bank of Canada and the prospect of further monetary policy tightening. "This U.S. dollar move offsets, and even more so, the...

  • *U.S. threatens 10 percent tariffs on $200 bln of Chinese imports. NEW YORK, July 11- The euro rose to a daily high on Wednesday after a report that European Central Bank policymakers were split over when the central bank would raise rates next year. "is really talking about whether they raise rates in July or at some point in the months after that," said Shaun Osborne,...

  • TORONTO, July 11- The Canadian dollar weakened to a one-week low against the greenback on Wednesday ahead of an expected interest rate hike by the Bank of Canada, and as trade tensions between the United States and China pressured stocks and commodity prices. U.S. stock index futures slumped after the United States threatened tariffs on an additional $200...