TON: Trade ON News Plan TIME (GMT) Feb 20th, 2009 12:00GMT News Event CAD Core CPI m/m Forecast -0.1% Trading currency USD/CAD or EUR/CAD Trading condition If actual number is equal to or greater than 0.1% Sell USD/CAD or EUR/CAD If actual number is less than or equal to -0.3% Buy USD/CAD or EUR/CAD Target [...] [...more]
Loonie drops in forex tradingThe Canadian dollar is heading lower in currency trading on the FX market today as the Canadian labor report is released. Indeed, it appears that things are looking weak for the Canadian economy, and that is sending the loonie lower in forex trading. With the global recession stifling demand for commodities [...] [...more]
Oil prices send Canadian dollar lower in currency tradingThe loonie is falling yet again in forex trading on the currency market. Today, the main catalyst for a dropping Canadian dollar in currency trading is the fact that oil prices are dropping below $41 a barrel. However, that’s not the only problem afflicting the loonie. Right [...] [...more]
Canadian dollar in currency trading on the FX marketIt’s official: Canada is now in recession. On the news — not surprisingly — the loonie has fallen in forex trading against the U.S. dollar. As the global economy continues to erode demand for Canadian exports, the dollar will continue to drop in currency trading on the [...] [...more]
