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Don’t Panic Over the Loonie’s Tumble

Posted by Scott Boyd at 11:42 am UTC, 10/07/2011

On Wednesday, the Bank of Montreal released an advisory suggesting the Canadian dollar could fall to 93 cents U.S. within the next three to six months. According to BMO, the dollar will continue to depreciate on weaker global commodity prices expected to persist over the next two quarters.

Read More: Huffington Post

Filed under: Forex Round Up, CAD

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Posted by Staff at 7:16 am UTC, 05/24/2012
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May
24
Today’s Global
Market Events
8:30am
CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am
EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am
USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm
USD
FOMC Member Dudley Speaks
3:00pm
USD
Treasury Sec Geithner Speaks
7:30pm
JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%