Strong week for Canadian dollar

By Ricky Bean January 11th, 2016

The Canadians finished last week strongly on Friday with some encouraging employment change data that was twice as good as expected. As a result of this strong data, the Canadian dollar gained on all major world currencies, barring its North American counterpart.

This week we have the first important data release on Wednesday, when China releases its trade balance figures, and on Thursday, with employment figures from Australia, which have shown progression in the last two months – investors will be hoping that the trend continues.

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency-purchasing strategies.

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Functional

Functional cookies help to perform certain functionalities.

Cookie	Duration	Description
bcookie	2 years	This cookie is set by linkedIn. The purpose of the cookie is to enable LinkedIn functionalities on the page.
lang	session	This cookie is used to store the language preferences of a user to serve up content in that stored language the next time user visit the website.
lidc	1 day	This cookie is set by LinkedIn and used for routing.

Third Party

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
__cfduid	1 month	The cookie is used by cdn services like CloudFare to identify individual clients behind a shared IP address and apply security settings on a per-client basis. It does not correspond to any user ID in the web application and does not store any personally identifiable information.
_ga	2 years	Registers a unique ID that is used to generate statistical data on how the visitor uses the website.
_gat	1 Day	Throttles request rates for Google.
_gat_UA-5664132-1	1 minute	No description
_gid	1 Day	Registers a unique ID that is used to generate statistical data on how the visitor uses the website.
ASP.NET_SessionId		This cookie is used in sites developed with Microsoft.Net. When a user start browsing a unique session ID is created, which keeps track of all the information regarding that session.This information is stored in the web server and it is identified via a GUID.The GUID is essential for any ASP.NET site to function properly.
clientid	30 Days	Used for CRM
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	Used to store the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	Used to store the user consent for the cookies in the category "Necessary".
emp	30 Days	Used for CRM
gclid	30 Days	Used for CRM
GCLID	30 Days	Used for CRM
PHPSESSID	Session	Preserves your website session.
refBy	30 Days	Used for CRM
refSrc	30 Days	Used for CRM
source	30 Days	Used for CRM
src	30 Days	Used for CRM
trk	30 Days	Used for CRM
uid	30 Days	Used for CRM
UID	30 Days	Used for CRM
utm_campaign	30 Days	Used for CRM
utm_content	30 Days	Used for CRM
utm_medium	30 Days	Used for CRM
utm_source	30 Days	Used for CRM
utm_term	30 Days	Used for CRM
viewed_cookie_policy	11 months	Used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Others

Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.

Cookie	Duration	Description
_hjIncludedInPageviewSample	2 minutes	No description
_hjIncludedInSessionSample	2 minutes	No description
AnalyticsSyncHistory	1 month	No description
cookielawinfo-checkbox-third-party	1 year	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Third Party".
io	session	No description
UserMatchHistory	1 month	Linkedin - Used to track visitors on multiple websites, in order to present relevant advertisement based on the visitor's preferences.

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Cookie	Duration	Description
bscookie	2 years	This cookie is a browser ID cookie set by Linked share Buttons and ad tags.
personalization_id	2 years	This cookie is set by twitter.com. It is used integrate the sharing features of this social media. It also stores information about how the user uses the website for tracking and targeting.

Strong week for Canadian dollar

Follow Us