CAD/CHF — News Archive


Canadian Dollar Hit by Biggest Decline in Employment Since 2009

The Canadian dollar dropped today after Canada’s employment ended the longest streak of gains since 2002, contracting last month. The loonie managed to bounce against European majors like the euro and the Swiss franc but kept losses versus such currencies as the US dollar and the Japanese yen.

Canadian Dollar Firm Despite Falling Employment

The Canadian dollar gained even though nation’s employment dropped last month. Other economic reports were good, though.

Canadian Dollar Rallies on Back of Supportive Fundamentals

The Canadian dollar rallied today amid positive macroeconomic data, a rally of prices for crude oil, and hopes that the trade agreement with the United States can still be preserved.

Canadian Dollar Drops Despite Favorable Trading Environment

The Canadian dollar fell versus its US counterpart today as a range of factors were supporting the greenback. The losses against other majors were harder to explain considering that the trading environment looked favorable to the loonie.

USD/CAD Drops to Two-Year Low After Fed Statement

The Canadian dollar gained to the highest level in two years versus its US counterpart today after the Federal Reserve released a relatively dovish policy statement. The loonie also rallied against the weak Swiss franc but dropped versus the euro and Japanese yen.

Canadian Dollar Propelled by Economic Data & Oil Prices

The Canadian dollar gained on its major rivals today, propelled by positive macroeconomic data and gains of crude oil prices.

Employment Data Fuels Rally of Canadian Dollar

The Canadian dollar jumped today, rising more than 1% against some of its most-traded rivals, after the release of a better-than-expected employment report.

Canadian Dollar Mixed During Tuesday’s Trading

The Canadian dollar was mixed today, rising versus the US dollar and the Japanese yen, but falling against the euro and the Swiss franc.

Canadian Dollar Follows Crude Oil Down

The Canadian dollar fell during the Tuesday’s trading session, tracking the decline of crude oil prices. Positive domestic macroeconomic data was unable to help Canada’s currency.

Canadian Dollar Ends Week Strongest amid Interest Rate Hike Speculations

The Forex market was largely driven by central banks’ meeting during the past trading week. Yet the Canadian dollar had its own bullish factor that allowed it to ignore other news for the most part and to become the strongest major currency by the weekend (though other commodity currencies were strong as well).