User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Thursday April 1, 2010 - 22:31:22 GMT
Reuters -

Share This Story:
| | Email

Forex News - CANADA FX DEBT-C$ closes near 2-wk high, above 99 cents

4:51pm EDT
 * C$ climbs to 99.17 U.S. cents
 * Bonds higher, focus on Friday U.S. jobs report
 (Updates to session close)
 By Ka Yan Ng
 TORONTO, April 1 (Reuters) - The Canadian dollar zipped
above the 99 U.S. cent level on Thursday for the first time in
almost two weeks, extending its gains against the greenback as
the price of oil hit an 18-month high and other riskier assets
found favor.
 The currency finished at C$1.0084 to the U.S. dollar, or
99.17 U.S. cents, up from Wednesday's finish at C$1.0158 to the
U.S. dollar, or 98.44 U.S. cents.
 "The primary credit goes to the risk-on trade that's
prevailing in most markets. The Canadian dollar is enjoying the
updraft," said Eric Lascelles, chief economics and rates
strategist at TD Securities.
 Oil neared $85 a barrel, drawing fresh inflows from
investors at the start of the new quarter, while global stocks
moved higher, backed partly by upbeat European and Chinese
manufacturing data that fueled optimism about the global
economic recovery. [O/R]  [MKTS/GLOB]
 Data south of the border added to hopes for economic
recovery in the United States as jobless claims fell in the
latest week and U.S. factory activity in March hit its highest
level in more than 5-1/2 years. [ID:nN01114317]
 Taking its cue from the rise in the price of oil, a major
Canadian export, the Canadian dollar reached its highest level
since March 19 -- the same day the Canadian dollar last looked
primed to test parity with the greenback.
 Canada's dollar has again moved within striking distance of
hitting parity with the U.S. currency, reaching as high as
C$1.0067 to the U.S. dollar, or 99.33 U.S. cents, but still
below the highest point reached in March at 99.38 U.S. cents.
 Parity has not been reached since July 2008.
 The Canadian dollar has begun the second quarter on a
strong note, after notching a bit more than a 3 percent gain
against the greenback in the first three months of the year.
 Part of the rise is backed by a string of firm economic
data, most recently with a report that showed GDP for January
exceeded expectations. [ID:nN31248585]
 The U.S. jobs report for March on Friday is a potential
catalyst to push it closer or through parity, depending on the
outcome of the data and liquidity conditions as Canada will be
closed for the Good Friday holiday.
 "You can't rule it out," said Paul Ferley, assistant chief
economist at Royal Bank of Canada. He said if the jobs report
suggests the timing of the first U.S. interest rate hike will
be in the fourth quarter, or later, it could boost the Canadian
dollar since Canada's tightening cycle is expected to start
around midyear.
 Canadian bond prices were flat to higher across the curve,
outperforming U.S. Treasury market, as investors waited for
Friday's U.S. jobs report and largely looked past Thursday's
stronger than expected U.S. data.
 "It's important to emphasize how small the movement is. It
does not necessarily represent a groundswell of attitude change
among investors," Lascelles said.
 "This might be some rejigging more than anything else in
advance of the weekend and (U.S.) payrolls."
 There may also be more trepidation around the U.S. jobs
data than usual, in part because most markets will be shut for
 The two-year government bond <CA2YT=RR> edged up 3 Canadian
cents to C$99.59 to yield 1.722 percent, while the 10-year bond
<CA10YT=RR> gained 10 Canadian cents to C$101.50 to yield 3.557
 Canadian bond prices have generally been on the decline as
market players increasingly price in the probability that the
Bank of Canada will hike interest rates in July.
 (Reporting by Ka Yan Ng; editing by Rob Wilson)

© Thomson Reuters 2010. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.

Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.


Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."

Actionable trading levels delivered to YOUR charts in real-time.

Register To Test Your Amazing Trader

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 10 Sep 2018
AA 08:30 GB- GDP, Trade, Output
Tue 11 Sep 2018
AA 08:30 GB- Employment Decision
A 09:00 DE- ZEW Survey
Wed 12 Sep 2018
A 12:30 US- PPI
A 14:30 US- EIA Crude
A 18:00 US- Beige Book
Thu 13 Sep 2018
A 1:30 AU- Employment
AA 11:00 GB- Bank of England Decision
AA 11:45 EZ- European Central Bank Decision
A 12:30 US- Weekly Jobless
AA 12:30 US- CPI
Fri 14 Sep 2018
A 08:30 GB- GDP
AA 12:30 US- Retail Sales
A 13:15 US- Industrial Production
AA 14:00 US- prelim University of Michigan

John M. Bland, MBA
co-founding Partner,

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube

Max McKegg's Daily Forex Trading Forecasts

Veteran FX Trader, Max McKegg, forecasts all the Major currencies and the Australasians; providing Daily and Medium Term Trading forecasts to subscribers, who include large Banks the world over, as well as individual traders in more than 30 different countries.

Request a TRIAL of Max's Forex Service.


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105