Tuesday, August 11, 2015

USDCAD Trading Strategy As At August 11, 2015

The Canadian Dollar pair has again been knocked lower, this time by adjustments to the Yuan and the price of oil.

Here are some opinions as to the price of the Canadian Dollar (USDCAD)




Canadian dollar hit by yuan drop, fresh low for oil - CBC.ca
http://news.google.com Tue, 11 Aug 2015 16:43:00 GMT
CBC.caCanadian dollar hit by yuan drop, fresh low for oilCBC.ca'Fears of a prolonged decline in demand by the world's second largest economy caused oil and other commodity prices to slump, another blow to the Canadian dollar,' Sherry Cooper, chief ec ...

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Canadian dollar down more than half a U.S. cent - CP24 Toronto's Breaking News
http://news.google.com Tue, 11 Aug 2015 14:43:09 GMT
The Globe and MailCanadian dollar down more than half a U.S. centCP24 Toronto's Breaking NewsToronto's main stock index and the Canadian dollar were down sharply Tuesday morning as the devaluation of China's yuan sent ripples through the world's fina ...

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Oil Price Strain Weighing on Canadian Dollar to GBP, Euro & US Dollar ... - Exchange Rates UK
http://news.google.com Tue, 11 Aug 2015 14:51:50 GMT
Exchange Rates UKOil Price Strain Weighing on Canadian Dollar to GBP, Euro & US Dollar ...Exchange Rates UKOil prices dropped to a fresh 8-month low at the beginning of the week, but the Canadian Dollar still managed to post gains against the Pound. ...

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Oil rally sends loonie back to near 77 cents (US) - The Globe and Mail (subscription)
http://news.google.com Mon, 10 Aug 2015 22:20:00 GMT
The Globe and Mail (subscription)Oil rally sends loonie back to near 77 cents (US)The Globe and Mail (subscription)The Canadian dollar closed up on Monday at 76.92 cents (U.S.). Compared to Friday's close it was up 0.71 cents (U.S). There was no majo ...

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Loonie steady, US index futures positive ahead of North American open - CTV News
http://news.google.com Mon, 10 Aug 2015 11:12:30 GMT
Loonie steady, US index futures positive ahead of North American openCTV NewsTORONTO - The Canadian dollar was holding steady and U.S. index futures were up ahead of trading on North American stock markets. The loonie traded at 76.18 cents US, up 0.0 ...

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