Fx Primus Rebates

Loonie Falls After Canada Retail Sales, CPI

At 8:30 am ET Friday, Statistics Canada has released Canada retail sales for August and consumer inflation for September. After these data, the loonie dropped against its major counterparts. The loonie was worth 85.77 against the yen, 0.9355 against the aussie, 1.3103 against the greenback and 1.5012 against the euro around 8:31 am ET. The…

Fx Primus Rebates

Oil Futures End Higher, But Post Sharp Weekly Loss

Crude oil futures ended higher on Friday with investors weighing the possible impact of U.S. sanctions on Iran’s oil exports on crude supply in the market. Oil was also supported by data showing refinery throughput in China rising to a record high of 12.49 million barrels per day in September, after some independent plants restarted…

Fx Primus Rebates

Treasuries Move To The Downside Amid Quiet Trading Day

After ending the previous session roughly flat, treasuries showed a modest move to the downside during the trading day on Friday. Bond prices moved lower early in the session and remained stuck in negative territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.3 basis points to…

Fx Primus Rebates

Gold Ends Slightly Lower As Equities Rebound

Despite the U.S. dollar losing ground against some major currencies, gold prices edged lower on Friday as equities rebounded after a setback in the previous session. The dollar index drifted down to 95.42, giving up about 0.3%. On Wall Street, stocks rebounded after an early decline. Upbeat results from Procter & Gamble, American Express and…

Fx Primus Rebates

Dollar Trading Mixed Ahead Of The Weekend

The dollar is turning in a mixed performance against its major rivals Friday afternoon. The buck is losing ground against its major European rivals, despite concerns over the Italian budget. Meanwhile, the dollar is rising against the Japanese Yen. After a month of stagnation in August, the National Association of Realtors released a report on…