XE CURRENCY CONVERTER
| 1.00 CUC | = | 1.03529 CAD |
| Cuban Convertible Peso | ↔ | Canadian Dollar |
| 1 CUC = 1.03529 CAD | 1 CAD = 0.965916 CUC |
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Mid-market rates: 2013-05-23 08:57 UTC
USD/CAD2013-05-23 07:14 UTC
USD-CAD is consolidating yesterday's sharp gains, leaving it close to the 1.0380 area. It experienced a fairly quiet overnight session as the focus was on AUD and JPY. USD-CAD has rallied more than 100 pips since yesterday's N.Y. morning and may be due a period of sideways action. However, with risk appetite significantly impaired the risk is on a 1.0400 test, where option barrier exposure is noted. Any correction to the downside should ... Read More ►
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XE Market Analysis
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North American Edition2013-05-22 11:43 UTC
EUR-cross flows and central bank policy bias were significant influences. The dollar started the session on the softer side following yesterday's Fedspeak, which dampened the debate on tapering ahead of today's testimony from Bernanke. EUR-GBP pressed higher amid macro and model fund demand amid yesterday's weaker CPI reading; and gained traction after the BoE minutes revealed a 6-3 vote on unchanged policy, along with a batch of disappointing U.K. data ... Read More ►
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European Edition2013-05-23 07:14 UTC
Markets are still reeling from yesterday's Bernanke testimony and Q&A session, which covered both sides of the QE debate, though his admission that tapering could come in the next few meetings, depending on data, saw a big fallout in risk-trades. This was backed up by the FOMC minutes, which also echoed this view, while in Asia, there were heavy losses related to a big drop in China manufacturing PMI, while JGB market volatility also unnerved ... Read More ►
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Asian Edition2013-05-22 19:19 UTC
It was a choppy day in FX Land, with most of the gyrations the result of comments from Bernanke in his JEC testimony and Q&A. The greenback faded initially, as the Fed chief indicated QE would not be tapered any time soon (which naturally took equities racing higher). Later in Q&A, Bernanke contradicted himself to a degree, saying tapering could commence in as soon as a few FOMC meetings. This resulted in stocks paring gains, and the dollar ... Read More ►
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