Tag - cad - canadian dollar

USD strengthens, S&P 500 takes a break on Friday
USD strengthens, S&P 500 takes a break on Friday

Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.

Oil, stocks, rates, and money on March 8-12
Oil, stocks, rates, and money on March 8-12

As the biggest oil refinery in the world got attacked recently in Saudi Arabia, oil soared to almost $70. Other than that, a regular weak ahead, with CAD and EUR seeing their respective rates and monetary reports out. A couple of stocks are down, by the way - we'll talk about that and how to gain on that, too!

USD/CAD looks vulnerable
USD/CAD looks vulnerable

USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.

USD/CAD : Higher oil prices support Canadian dollar
USD/CAD : Higher oil prices support Canadian dollar

Asian equity markets traded mostly higher as the region took impetus from global peers including the advances on Wall Street as governments around the world looked poised to boost spending to help economies recover from the coronavirus and vaccine roll-out programmes accelerated.

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