Canadian Dollar Trades Up Against Major Rivals

Date : 04/12/2012 @ 12:38PM
Source : RTTF2
Stock : United States Dollar (B) VS Canadian Dollar Spot (USD/Cad) (USDCAD)
Quote : 1.30955  0.00015 (0.01%) @ 7:11PM
United States Dollar vs Canadian share price Chart

Canadian Dollar Trades Up Against Major Rivals

United States Dollar vs Canadian (FX:USDCAD)
Forex Chart

5 Years : From Mar 2013 to Mar 2018

Click Here for more United States Dollar vs Canadian Charts.

During New York mid-day deals on Thursday, the Canadian dollar traded further higher against major currencies after the releasing of some economic reports. The loonie climbed to a 3-day high against the US dollar, 2-day highs versus the euro and the yen.

Statistics Canada today reported that the trade surplus decreased from $1.9 billion in January to $292 million in February as exports declined 3.9 percent and imports edged up 0.2 percent.

Extending its European session's uptrend, the loonie advanced further against the US dollar in New York morning today. As of now, the loonie is trading near a 3-day high of 0.9949 versus the greenback, compared to yesterday's close of 1.0040.

In economic news, the the U.S. Labor Department said that initial jobless claims rose to 380,000 from the previous week's revised figure of 367,000. Economists had expected jobless claims to edge up to 359,000 from the 357,000 originally reported for the previous week.

In an another report, the The Labor Department said its producer price index was flat in March following a 0.4 percent increase in February. Economists had been expecting the index to increase by 0.3 percent.

Separately, a report from the US Commerce Department showed U.S. exports ticking up slightly with imports falling bringing the trade deficit to $46 billion, down notably from the $52.5 billion mark posted in January. Most experts had expected the deficit to shrink somewhat from January levels, but the consensus of economists had the deficit much higher, around $51.7 billion.

Against the euro and the Japanese yen, the Canadian dollar also edged up further in today's afternoon deals. The loonie rose to 2-day highs of 81.37 against the yen at about 11:15 am ET and 1.3106 versus the euro as of 11:55 am ET, which may be compared to Wednesday's closing values of 80.58 and 1.3162, respectively. Currently, the loonie is worth 1.3117 against the euro and 81.30 versus the yen.

Latest USDCAD Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V:us D:20180318 23:26:24