CAD/JPY — News Archive

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Loonie Dips Intraday on Inflation Data, Recovers to Settle Higher

The Canadian dollar declined intraday as some of Canada’s inflation indicators missed expectations. But the currency rebounded later, ending the Wednesday’s trading session above the opening level.

Yen Rallies Against the Dollar on Weak US Retail Sales, Later Drops

The Japanese yen today rallied against the US dollar driven by the risk-off sentiment, which dominated markets from the early European session. The USD/JPY currency pair extended its losses in the early American session following the release of disappointing US retail sales report.

Canadian Dollar Jumps on Stellar Employment Data

The Canadian dollar climbed on Friday after employment data demonstrated a shockingly good result for April. The disappointing housing report had hardly any impact on the currency.

CAD/JPY May Be Different Than It Looks

The Canadian dollar versus the Japanese yen currency pair is now at the important support level of 81.38, an area which could have already given sings of weakness, but it could also turn out to still be the support everyone is expecting it to be.

CAD/JPY Consolidating Just Above 82.71

The Canadian dollar versus the Japanese yen dropped from 83.81 after a failed attempt to confirm the level as a support.

Canadian Dollar Rises with Crude Oil, Gains Capped by BoC Worries

The Canadian dollar gained against other most-traded currencies today thanks to a big rally of crude oil. But gains were limited as market participants were waiting for the monetary policy decision of Canada’s central bank later this week.

Loonie Shows Mixed Performance Despite Strong Retail Sales

The Canadian dollar showed mixed performance today despite favorable retail sales data. The explanation for this could be strength of its rivals as well as the decline of crude oil prices.

Loonie Gains on CPI & Trade Balance, Struggles to Keep Gains

The Canadian dollar gained on Wednesday thanks to positive domestic macroeconomic data. At the start of Thursday’s trading session the currency was losing its gains.

Canadian Dollar Falls on Weak Jobs Data Amid Mixed NFP Report

The Canadian dollar today fell against its US counterpart following the release of weak Canadian jobs data for March in the early American session. The USD/CAD currency pair rallied to new highs following the release of the weak jobs data from Canada as well as the upbeat US non-farm payrolls report.

Loonie Attempts Rally Against US Dollar on Upbeat Canadian Ivey PMI

The Canadian dollar today attempted to rally higher against its US counterpart in the American session after the release of the upbeat Canadian Ivey PMI data. The USD/CAD currency pair today traded mostly directionless amid a lack of fundamental triggers to push the pair decisively in any direction.

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