Canadian Dollar Caught Between Hot Economy and Cold NAFTA

Jan 12 23:01 2018 Print This Article

The US dollar loses ground against majors despite solid inflation data Rumours surrounded this week went from shrinking Chinese appetite of US bonds, to speculation that the US would pull out of NAFTA and while real economic indicators on Friday showed stronger US inflation and retail sales it did little for the struggling US dollar. […]

Read More

About Article Author

Market Pulse

Established in 2006, MarketPulse is a free news site that provides full-time coverage of the world's largest financial markets, focusing on forex, commodities, and global indices research and analysis. Armed with a global team of securities analysts and strategists, Market Pulse provides timely, accurate, and informative research on major macroeconomic trends, technical analysis, and worldwide events that impact different asset classes and investors.

Related Items

Brexit, UK consumer and trade in focus (video)

Nick Batsford, CEO of Core London is joined down the line by Craig Erlam, Senior Market Analyst at OANDA, to discuss why the pound has rallied on Thursday and the latest developments in the US-China trade spat. Brexit, UK consumer and trade in focus (video)Posted 7 minutes ago Investors are s ...

Investors are snapping up Chinese Tech Stocks

Peer-to-peer online lender X Financial soared on its first day of New York trading, adding to a string of frenzied U.S. debuts by Chinese technology companies. The company, based in the southern Chinese city of Shenzhen, more than doubled in early U.S. trading Wednesday. It later pared its gains ...

USD/CAD – Canadian dollar at 3-week high as greenback retreats

The Canadian dollar has posted small gains in the Thursday session. Currently, USD/CAD is trading at 1.2908, down 0.10% on the day. On the release front, Canada releases ADP nonfarm employment change. In the U.S, the Philly Fed Manufacturing Index is expected to jump to 17.5 points, while unemploy ...

September 22 is World Car-Free Day

Brent Patterson This Saturday September 22 is World Car-Free Day. That's a day when people in cities around the world opt to walk, cycle or take public transit rather than driving a car. In 2016, about 1,500 cities in 40 countries took part in the day. John Vidal writes in The Guardian, "This wee ...

BREAKING: Max Bernier Takes A Stand Against “Tribalism!” - Loonie Politics

  "What makes our country strong is the fact that immigrants, while being proud of the culture of their ancestors, integrate into our society, learn about Canadian culture and history, and share our values.  They want to be treated as CANADIANS, not as members of tribes." - Max Bernier, being Max ...

Following review, military police reopening 23 ‘unfounded’ sexual assault cases

OTTAWA — The Canadian Armed Forces is re-opening nearly two-dozen cases of alleged sexual assault after reviewing dozens of files previously dismissed by military police as “unfounded.” The move comes nearly 18 months after authorities revealed that nearly one in every three sexual assault ...

BTU Provides Update on Recent Activities and Future Plans

By Ashley Cowell BTU Metals Corp. (TSXV:BTU) (“BTU” or the “Company”) wishes to provide the following corporate update on its activities in both Ontario and Ireland. Dixie Halo Project, Red Lake, Ontario The recently acquired Dixie Halo project (1,514 hectares adjoining the northern and ea ...