CurrencyShares Canadian Dollar Trust

News & Analysis

currencyshares canadian dollar trust and marc chandler - All News and Analysis

• Jobs Picture Improving in Canada, Too

  Seeking Alpha - 2009-12-04

  Marc Chandler submits:Canada reported much stronger jobs data than the market expected, sending the Canadian dollar broadly higher. However, the strong showing in Canada should not be seen as a hint or signal of what to expect from the US. Canada grew 79.1k jobs in November, of which 38.6k were...

  Tags: Seeking Alpha, Marc Chandler, CurrencyShares Canadian Dollar Trust

• Canada GDP (for August) Disappoints

  Seeking Alpha - 2009-10-30

  Marc Chandler submits:Canada reported that August GDP contracted by 0.1%, whereas the consensus expected a 0.1% increase. Small change for sure, but the sign is wrong. And it likely prevents the Canadian dollar from recovering from the recent slide that has brought it to a 4 week low against the...

  Tags: US Market, Marc Chandler, CurrencyShares Canadian Dollar Trust

• June Report: Foreign Investors Still Stocking Up on Canadian Assets

  Seeking Alpha - 2009-08-18

  Marc Chandler submits: Canada reported that foreign investors bought a net C$10.5 bln of Canadian securities in June. This brings the total net foreign purchases in Q2 to a little more than C$38 bln compared with about C$23.5 in Q1 and less than C$1 bln in Q4 08. Foreign investors...

  Tags: US Market, Marc Chandler, CurrencyShares Canadian Dollar Trust

• The Canadian Dollar: What's Driving It?

  Seeking Alpha - 2009-05-20

  Marc Chandler submits: The Canadian dollar made new highs for the year a week ago and has been consolidating since. Monday's US dollar bounce carried it through the first technical corrective target near CAD1.1780 initially, but then fell through the pre-weekend lows to record an outside down day and there...

  Tags: Seeking Alpha, US Market, Marc Chandler, CurrencyShares Canadian Dollar Trust