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Nouveau texte de la page, après la modification (new_wikitext) | Canadian dollar gains 0.5% against the greenback<br> *<br> Touches its strongest since Sept.<br><br>21 at 1.3388<br> *<br> Price of U.S. oil settles 3.1% lower<br> *<br> Canadian bond yields ease across flatter curve<br> By Fergal Smith<br> TORONTO, Nov 8 (Reuters) - The Canadian dollar strengthened to its highest level in nearly seven weeks against its U.S.<br><br>counterpart on Tuesday as the greenback broadly lost ground and the confirmation of a key technical formation improved the outlook for the currency.<br> The loonie was trading 0.5% higher at 1.3425 to the greenback, or 74.49 U.S. cents, after touching its strongest level since Sept.<br>21 at 1.3388.<br> "It broke out this morning on broad U.S. dollar selling. The rise in the stock market triggered that," said Erik Bregar, director, FX & precious metals risk management at Silver Gold Bull.<br> Wall Street climbed during voting in midterm elections that will determine control of the U.S.<br><br>Congress, with investors betting on a political stalemate that could prevent major policy changes.<br> The price action for [https://telecharger1win.com/ 1win bonus sans dépôt] USD-CAD in recent days has confirmed "a bearish head and shoulders pattern," Bregar said, adding "I think we could see 1.32 or 1.33 over the next month or two."<br> Confirmation of a head and shoulders formation can sometimes signal the reversal of a market trend<br> Investors were awaiting U.S.<br><br>inflation data on Thursday for clues on the outlook for further outsized interest rate hikes by the Federal Reserve.<br> The Bank of Canada has also been hiking aggressively. As the central bank considers raising interest rates at a slower pace, it is focusing on inflation measures that are more timely than typically observed, which could help it avoid tightening beyond the level needed to subdue price pressures.<br> The price of oil, one of Canada's major exports, slipped as worsening COVID-19 outbreaks in China heightened fears of lower fuel demand.<br><br>U.S. crude prices settled 3.1% lower at $88.91 a barrel.<br> Canadian government bond yields were lower across a flatter curve, with the 10-year falling 12.5 basis points to 3.476%. (Reporting by Fergal Smith; editing by Jonathan Oatis)<br> |
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+Canadian dollar gains 0.5% against the greenback<br> *<br> Touches its strongest since Sept.<br><br>21 at 1.3388<br> *<br> Price of U.S. oil settles 3.1% lower<br> *<br> Canadian bond yields ease across flatter curve<br> By Fergal Smith<br> TORONTO, Nov 8 (Reuters) - The Canadian dollar strengthened to its highest level in nearly seven weeks against its U.S.<br><br>counterpart on Tuesday as the greenback broadly lost ground and the confirmation of a key technical formation improved the outlook for the currency.<br> The loonie was trading 0.5% higher at 1.3425 to the greenback, or 74.49 U.S. cents, after touching its strongest level since Sept.<br>21 at 1.3388.<br> "It broke out this morning on broad U.S. dollar selling. The rise in the stock market triggered that," said Erik Bregar, director, FX & precious metals risk management at Silver Gold Bull.<br> Wall Street climbed during voting in midterm elections that will determine control of the U.S.<br><br>Congress, with investors betting on a political stalemate that could prevent major policy changes.<br> The price action for [https://telecharger1win.com/ 1win bonus sans dépôt] USD-CAD in recent days has confirmed "a bearish head and shoulders pattern," Bregar said, adding "I think we could see 1.32 or 1.33 over the next month or two."<br> Confirmation of a head and shoulders formation can sometimes signal the reversal of a market trend<br> Investors were awaiting U.S.<br><br>inflation data on Thursday for clues on the outlook for further outsized interest rate hikes by the Federal Reserve.<br> The Bank of Canada has also been hiking aggressively. As the central bank considers raising interest rates at a slower pace, it is focusing on inflation measures that are more timely than typically observed, which could help it avoid tightening beyond the level needed to subdue price pressures.<br> The price of oil, one of Canada's major exports, slipped as worsening COVID-19 outbreaks in China heightened fears of lower fuel demand.<br><br>U.S. crude prices settled 3.1% lower at $88.91 a barrel.<br> Canadian government bond yields were lower across a flatter curve, with the 10-year falling 12.5 basis points to 3.476%. (Reporting by Fergal Smith; editing by Jonathan Oatis)<br>
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Lignes ajoutées lors de la modification (added_lines) | Canadian dollar gains 0.5% against the greenback<br> *<br> Touches its strongest since Sept.<br><br>21 at 1.3388<br> *<br> Price of U.S. oil settles 3.1% lower<br> *<br> Canadian bond yields ease across flatter curve<br> By Fergal Smith<br> TORONTO, Nov 8 (Reuters) - The Canadian dollar strengthened to its highest level in nearly seven weeks against its U.S.<br><br>counterpart on Tuesday as the greenback broadly lost ground and the confirmation of a key technical formation improved the outlook for the currency.<br> The loonie was trading 0.5% higher at 1.3425 to the greenback, or 74.49 U.S. cents, after touching its strongest level since Sept.<br>21 at 1.3388.<br> "It broke out this morning on broad U.S. dollar selling. The rise in the stock market triggered that," said Erik Bregar, director, FX & precious metals risk management at Silver Gold Bull.<br> Wall Street climbed during voting in midterm elections that will determine control of the U.S.<br><br>Congress, with investors betting on a political stalemate that could prevent major policy changes.<br> The price action for [https://telecharger1win.com/ 1win bonus sans dépôt] USD-CAD in recent days has confirmed "a bearish head and shoulders pattern," Bregar said, adding "I think we could see 1.32 or 1.33 over the next month or two."<br> Confirmation of a head and shoulders formation can sometimes signal the reversal of a market trend<br> Investors were awaiting U.S.<br><br>inflation data on Thursday for clues on the outlook for further outsized interest rate hikes by the Federal Reserve.<br> The Bank of Canada has also been hiking aggressively. As the central bank considers raising interest rates at a slower pace, it is focusing on inflation measures that are more timely than typically observed, which could help it avoid tightening beyond the level needed to subdue price pressures.<br> The price of oil, one of Canada's major exports, slipped as worsening COVID-19 outbreaks in China heightened fears of lower fuel demand.<br><br>U.S. crude prices settled 3.1% lower at $88.91 a barrel.<br> Canadian government bond yields were lower across a flatter curve, with the 10-year falling 12.5 basis points to 3.476%. (Reporting by Fergal Smith; editing by Jonathan Oatis)<br>
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