The Canadian dollar weakened against the other major currencies in the Asian session on Friday as oil prices declined, extending the brutal recent losses amid rising U.S. inventories.
Crude oil for January delivery are currently down $0.18 to $34.77 a barrel. Oil futures settled below $35 a barrel for the first time in six years Thursday.
“At 490.7 million barrels, U.S. crude oil inventories remain near levels not seen for this time of the year in at least 80 years,” said the Energy Information Administration yesterday.
Moreover, the Federal Reserve’s interest rate hike on Wednesday also weighed on the price of oil due to the dollar’s strength and fears that higher interest rates will weaken demand.
Meanwhile, the U.S. Labor Department released a report on Thursday showing a pullback in initial jobless claims in the week ended December 12th. The report said initial jobless claims fell to 271,000, a decrease of 11,000 from the previous week’s unrevised level of 282,000. Economists had expected jobless claims to pull back to 275,000.
Thursday, the Canadian dollar fell 1.00 percent against the U.S. dollar and 0.84 percent against the yen. Meanwhile, the loonie rose against the euro and held steady against the Australian dollar.
In the Asian trading, the Canadian dollar fell to a 4-day low of 87.74 against the yen, from yesterday’s closing value of 87.93. The loonie may test support near the 86.00 region.
Against the U.S. and the Australian dollars, the loonie dropped to 1.3954 and 0.9946 from yesterday’s closing quotes of 1.3936 and 0.9932, respectively. If the loonie extends its downtrend, it is likely to find support around 1.40 against the greenback and 1.00 against the aussie.
The loonie edged down to 1.5127 against the euro, from yesterday’s closing value of 1.5085. On the downside, 1.52 is seen as the next support level for the loonie.
Looking ahead, Eurozone current account data for October is due to be released at 4:00 am ET.
Also at 4 am ET, Austrian central bank chief Ewald Nowotny is expected to speak at press conference on Financial Stability Report, in Vienna.
In the New York session, Canada wholesale sales data for October and CPI data for November and Markit’s flash U.S. PMI reports for December and U.S. Baker Hughes weekly rig count data are slated for release.
At 1:00 pm ET, Richmond Federal Reserve Bank President Jeffrey Lacker is due to speak about the economic outlook for 2016 at the Charlotte Chamber of Commerce.



I have been surfing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. Personally, if all web owners and bloggers made good content as you did, the web will be a lot more useful than ever before.|
I could not resist commenting. Well written!|
I’ll immediately grab your rss as I can not find your email subscription hyperlink or e-newsletter service. Do you have any? Kindly allow me recognize in order that I may just subscribe. Thanks.|
It’s perfect time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I wish to suggest you few interesting things or suggestions. Maybe you could write next articles referring to this article. I desire to read even more things about it!|
It’s perfect time to make a few plans for the long run and it’s time to be happy. I have learn this publish and if I may I want to suggest you few attention-grabbing things or suggestions. Perhaps you could write subsequent articles referring to this article. I desire to read more issues approximately it!|
I’ve been browsing on-line more than three hours nowadays, but I by no means discovered any attention-grabbing article like yours. It is beautiful worth enough for me. Personally, if all webmasters and bloggers made just right content as you did, the internet shall be a lot more helpful than ever before.|
Ahaa, its good dialogue regarding this paragraph at this place at this blog, I have read all that, so now me also commenting at this place.|
I am sure this article has touched all the internet people, its really really fastidious post on building up new blog.|
Wow, this post is fastidious, my sister is analyzing these things, therefore I am going to inform her.|
Saved as a favorite, I love your web site!|
Way cool! Some extremely valid points! I appreciate you penning this post plus the rest of the website is also really good.|
Hi, I do believe this is an excellent site. I stumbledupon it š I am going to return once again since i have book-marked it. Money and freedom is the greatest way to change, may you be rich and continue to guide others.|
Woah! I’m really digging the template/theme of this site. It’s simple, yet effective. A lot of times it’s very hard to get that “perfect balance” between usability and visual appearance. I must say you have done a very good job with this. Also, the blog loads very quick for me on Chrome. Outstanding Blog!|
These are genuinely enormous ideas in regarding blogging. You have touched some pleasant points here. Any way keep up wrinting.|
I like what you guys tend to be up too. This sort of clever work and reporting! Keep up the fantastic works guys I’ve added you guys to blogroll.|
Hey there! Someone in my Facebook group shared this site with us so I came to look it over. I’m definitely loving the information. I’m book-marking and will be tweeting this to my followers! Wonderful blog and excellent design.|
I like what you guys are up too. Such clever work and exposure! Keep up the terrific works guys I’ve included you guys to my blogroll.|
Hi there would you mind sharing which blog platform you’re using? I’m planning to start my own blog soon but I’m having a tough time making a decision between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking for something unique. P.S My apologies for being off-topic but I had to ask!|
Hello would you mind letting me know which hosting company you’re utilizing? I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot faster then most. Can you recommend a good web hosting provider at a reasonable price? Kudos, I appreciate it!|
I really like it when individuals come together and share ideas. Great website, keep it up!|
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! By the way, how could we communicate?|
Hey just wanted to give you a quick heads up. The text in your content seem to be running off the screen in Internet explorer. I’m not sure if this is a formatting issue or something to do with internet browser compatibility but I thought I’d post to let you know. The design and style look great though! Hope you get the problem resolved soon. Many thanks|
This is a topic that is close to my heart… Cheers! Exactly where are your contact details though?|
It’s very trouble-free to find out any topic on web as compared to textbooks, as I found this piece of writing at this web page.|
Does your website have a contact page? I’m having a tough time locating it but, I’d like to shoot you an e-mail. I’ve got some recommendations for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it improve over time.|
Hi! I’ve been reading your blog for a long time now and finally got the courage to go ahead and give you a shout out from Dallas Texas! Just wanted to mention keep up the great work!|
Greetings from Idaho! I’m bored at work so I decided to browse your blog on my iphone during lunch break. I really like the info you provide here and can’t wait to take a look when I get home. I’m surprised at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, superb site!|
Its like you read my mind! You appear to know a lot about this, like you wrote the guide in it or something. I believe that you simply can do with a few % to power the message home a little bit, but instead of that, this is excellent blog. An excellent read. I’ll definitely be back.|
I visited various websites however the audio feature for audio songs existing at this site is genuinely marvelous.|
Howdy, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam responses? If so how do you reduce it, any plugin or anything you can advise? I get so much lately it’s driving me insane so any support is very much appreciated.|
Greetings! Very useful advice in this particular article! It’s the little changes that make the greatest changes. Many thanks for sharing!|
I truly love your website.. Very nice colors & theme. Did you make this site yourself? Please reply back as I’m trying to create my own personal site and would like to know where you got this from or exactly what the theme is named. Thanks!|
Hello there! This post couldn’t be written any better! Looking through this article reminds me of my previous roommate! He constantly kept talking about this. I am going to send this post to him. Pretty sure he’s going to have a great read. I appreciate you for sharing!|
Whoa! This blog looks exactly like my old one! It’s on a totally different subject but it has pretty much the same page layout and design. Outstanding choice of colors!|
There’s definately a lot to find out about this topic. I love all the points you made.|
You have made some really good points there. I looked on the web for additional information about the issue and found most people will go along with your views on this web site.|
Hello, I log on to your blog daily. Your writing style is witty, keep doing what you’re doing!|
I simply couldn’t leave your site prior to suggesting that I really loved the standard information an individual provide to your visitors? Is going to be back continuously to investigate cross-check new posts|
I needed to thank you for this great read!! I certainly enjoyed every bit of it. I’ve got you saved as a favorite to look at new stuff you postā¦|
Hi there, just wanted to say, I liked this post. It was funny. Keep on posting!|
Hi there, I enjoy reading all of your article. I like to write a little comment to support you.|
I every time spent my half an hour to read this web site’s posts daily along with a cup of coffee.|
I for all time emailed this webpage post page to all my contacts, because if like to read it afterward my contacts will too.|
My coder is trying to convince me to move to .net from PHP. I have always disliked the idea because of the expenses. But he’s tryiong none the less. I’ve been using WordPress on a variety of websites for about a year and am anxious about switching to another platform. I have heard great things about blogengine.net. Is there a way I can transfer all my wordpress posts into it? Any help would be really appreciated!|
Hello there! I could have sworn I’ve visited this website before but after going through a few of the articles I realized it’s new to me. Nonetheless, I’m definitely happy I found it and I’ll be bookmarking it and checking back often!|
Wonderful article! This is the kind of information that are meant to be shared around the web. Shame on the search engines for no longer positioning this publish upper! Come on over and seek advice from my web site . Thank you =)|
Heya i’m for the first time here. I found this board and I find It truly useful & it helped me out much. I hope to give something back and aid others like you helped me.|
Hello there, I believe your site might be having web browser compatibility problems. Whenever I take a look at your website in Safari, it looks fine however, when opening in IE, it’s got some overlapping issues. I merely wanted to provide you with a quick heads up! Other than that, great site!|
Somebody essentially help to make significantly articles I might state. This is the very first time I frequented your website page and so far? I amazed with the analysis you made to make this actual submit amazing. Magnificent job!|
Heya i am for the primary time here. I found this board and I in finding It truly helpful & it helped me out a lot. I’m hoping to provide something again and help others such as you helped me.|
Hi there! I simply would like to offer you a big thumbs up for the excellent info you have right here on this post. I am coming back to your blog for more soon.|
I always used to study article in news papers but now as I am a user of internet therefore from now I am using net for posts, thanks to web.|
Your way of explaining everything in this article is in fact good, every one be able to simply be aware of it, Thanks a lot.|
Hello there, I discovered your web site by means of Google at the same time as searching for a similar subject, your site got here up, it appears good. I have bookmarked it in my google bookmarks.
Hello there, just became alert to your weblog thru Google, and found that it’s really informative. I’m gonna watch out for brussels. I will be grateful if you continue this in future. Many folks will be benefited out of your writing. Cheers!|
I am curious to find out what blog system you have been working with? I’m having some small security issues with my latest website and I would like to find something more safeguarded. Do you have any solutions?|
I’m really impressed with your writing skills and also with the layout on your weblog. Is this a paid theme or did you modify it yourself? Anyway keep up the nice quality writing, it’s rare to see a great blog like this one these days.|
I am extremely inspired with your writing talents and also with the structure on your weblog. Is this a paid subject or did you modify it your self? Either way keep up the nice high quality writing, it’s rare to see a great blog like this one these days..|
Hi, Neat post. There is an issue along with your site in web explorer, could test this? IE nonetheless is the market leader and a big section of other folks will leave out your great writing because of this problem.|
I’m not sure where you’re getting your info, but great topic. I needs to spend some time learning more or understanding more. Thanks for excellent information I was looking for this info for my mission.|
Hi, i think that i saw you visited my web site thus i came to āreturn the favorā.I’m trying to find things to improve my website!I suppose its ok to use {some of|a few of
\
Spot on with this write-up, I honestly believe that this
site needs a lot more attention. I’ll probably be back again to read more, thanks for the info!
The Huffington Post reported that the bitch Madonna performed “Living For Love” at the Grammys. He is going to check with Jasmine, who works with darker skin more than Tommy. When you’re talking about hour long television shows or two hour long movies, those files get really huge. Whichever your current goal in training and diet is, you will find various prohormones more suited to the task. “Greatness inspires envy, envy engenders spite, spite spawns lies.
So much so that Drupal has truly made a name for itself.
There are plenty more freebies you can find by use of everyone’s favorite search engine.
The FTP server information will be given to you somewhere on your
host’s page.
The quads, hamstrings, glutes and calves are the primary muscle groups in your legs.
This perfect contains, what are thought to be the six most essential faces of whatever capable project management software. Nowadays there are many companies offering software to handle sports arbitrage trading online. – Straightforward incorporation of your DMX Controller with the DDF editor that will come for free.
Psychic Chat Rooms supplies conversations focusing on psychic task and ways
for some people to develop their very own psychic
skills.
If you happen to be searching to lift a max weight, you
would likely advantage from taking a massive inhale
prior to starting the rep, and then holding your breath.
Before stepping into the firing range, the staff member runs through the safety procedures and protocol that is
to be observed. Whatever your choice, roulette games on Android should only
be seen as practice and a chance to see what the game
is all about. Nightclub promoters are responsible for publicizing and organizing events hosted by a patron or company in one or more clubs.
Along with their news release, people also get added featured to include pictures, audio and video clips related to the news. State Council Development Research Center of Information Network also reported that the first half of this year, China’s press and publication industry production rose 30%, reform and development momentum. Click: According to media reports, the domestic 10 news websites will be listed as the first selected object landing A shares, respectively, CCTV network, People, Xinhua, Qianlong, LONDON, Enorth, Dazhong, Voices of line, Zhejiang and Sichuan Online online.