Kayan's Feed
Aug 22, 2011

C$ ends lower as stock market strength fades

TORONTO, Aug 22 (Reuters) – Canada’s dollar finished
slightly lower against the U.S. currency on Monday, unwinding
early gains as a rebound on stock markets that had pumped it up
lost strength.

Bond prices were flat to higher, erasing losses, as the
momentum toward risk assets ebbed.

Aug 19, 2011

C$ ends flat, but Carney reassures markets

TORONTO, Aug 19 (Reuters) – Canada’s dollar ended nearly
unchanged against the U.S. currency on Friday, reassured by top
Canadian policymakers that they are ready to act if the world
economy deteriorates dramatically.

It capped a relatively restrained week for the
resource-linked currency, which saw some of its gains erased by
weakness on equity markets.

Aug 19, 2011

C$ inches higher; Carney reassures markets

TORONTO, Aug 19 (Reuters) – Canada’s dollar was firmer
against the U.S. currency at midday on Friday, reassured by
testimony from top Canadian policymakers that while risks
remain in the global economy, Ottawa is ready to intervene in
case of major world turmoil.

In testimony before a parliamentary committee on Friday,
Bank of Canada Governor Mark Carney and Finance Minister Jim
Flaherty both highlighted the risks posed by Europe’s stubborn
debt crisis and the slow U.S. recovery from recession.

Aug 19, 2011

C$ mildly weaker, focus on Carney testimony

TORONTO, Aug 19 (Reuters) – Canada’s dollar was slightly
weaker against the U.S. currency on Friday morning, shrugging
off July inflation data, as focus turned to testimony from
Canadian policymakers facing questions about the domestic
economy later in the session.

Canadian Finance Minister Jim Flaherty and Bank of Canada
Governor Mark Carney will be grilled by a parliamentary
committee on the possible fallout for the domestic economy from
global economic turmoil. Flaherty is scheduled to speak at 9
a.m. (1300 GMT), followed an hour later by Carney. For more
details, see [ID:nN1E77F1AL]

Aug 18, 2011

C$ slides on weak data, souring outlook

TORONTO, Aug 18 (Reuters) – Canada’s dollar fell hard
against the U.S. currency on Thursday, weakening on worries
over the European debt crisis and a raft of gloomy U.S. data
that added to an already souring outlook for the world
economy.

The nervousness, however, sent government of Canada bond
prices surging for a third straight session in safe-haven gains
as investors exited riskier stock markets.

Aug 18, 2011

C$ sags more than a penny to one-week low

TORONTO, Aug 18 (Reuters) – Canada’s dollar dropped to a
one-week low against the U.S. currency on Thursday morning
after a raft of U.S. and Canadian data did little to offset an
already glum outlook for the world economy.

The nervousness, however, sent government of Canada bond
prices surging for a third straight session in safe-haven gains
as investors exited riskier stock markets.

Aug 18, 2011

C$ eases in choppy trade, bond prices soar

TORONTO, Aug 18 (Reuters) – Canada’s dollar was weaker in
choppy trading on Thursday morning after a raft of U.S. and
Canadian data did little to offset an already glum economic
world outlook.

The nervousness, however, sent government of Canada bond
prices surging for a third straight session.

Aug 17, 2011

C$ edges higher in restrained advance

TORONTO, Aug 17 (Reuters) – Canada’s dollar edged higher
against the U.S. currency on Wednesday, supported by rallying
risk assets, although anxiety over the state of the global
economy restrained the gain.

The nervousness, however, helped push up government of
Canada bond prices.

Early in the session, the currency rose as high as C$0.9776
to the U.S. dollar, or $1.0229, its highest level in more than
a week. It then backed down to near its 200-day moving average
around C$0.9810.

Aug 17, 2011

C$ hits 1-week high as oil prices rise

TORONTO, Aug 17 (Reuters) – Canada’s dollar touched its
highest level in more than a week on Wednesday morning, helped
by stronger oil prices, but it then backed off, restrained by
anxiety over the state of the global economy.

Government bonds were flat to higher, reflecting some
disappointment that at a summit meeting on Tuesday France and
Germany had stopped short of increasing the size of the euro
zone’s rescue fund and had rejected for now the idea of a
common euro bond. [ID:nL5E7JG0IH]

Aug 16, 2011

C$ edges lower as economic worries heighten

TORONTO, Aug 16 (Reuters) – Canada’s dollar retreated
against the U.S. currency on Tuesday, falling back with other
risk assets as a French-German summit failed to calm financial
markets and data pointed to a slowing world economy.

The pullback came a day after the currency jumped more than
a penny alongside a solid rally in equity markets.