USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3639. Yesterday, the US President, Donald Trump, pledged to keep the US in the North American Free Trade Agreement (NAFTA). In … Continue reading

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USD/CAD: Canadian retail sales surprisingly declined in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3615. The Canadian Dollar lost ground, on reports that the US is considering withdrawal from the North American Free Trade Agreement … Continue reading

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USD/CAD: Loonie trading a tad higher, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3572. In the Asian session, at GMT0300, the pair is trading at 1.3568, with the USD trading slightly lower against the … Continue reading

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USD/CAD: US to impose 20.0% duties on Canadian softwood lumber

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3514. The Canadian Dollar lost ground after the US announced its first batch of duties on imported wood from Canada. The … Continue reading

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USD/CAD: Canada’s annual inflation slowed in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.3503 on Friday. The Canadian Dollar lost ground, after the consumer price index (CPI) in Canada advanced less-than-anticipated by 1.6% YoY … Continue reading

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s March inflation figures

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3465. In the Asian session, at GMT0300, the pair is trading at 1.3479, with the USD trading 0.1% higher against the … Continue reading

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USD/CAD: Loonie reverses its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD and closed at 1.3478. In the Asian session, at GMT0300, the pair is trading at 1.3477, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Canada’s existing home sales advanced in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3383. In economic news, Canada’s existing home sales climbed 1.1% on a monthly basis in March, following a rise of 5.2% … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3324. On Thursday, data revealed that Canada’s new housing price index advanced 0.4% on a monthly basis in February, more than … Continue reading

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USD/CAD: BoC leaves key interest rate unchanged at 0.50%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD and closed at 1.3245. Yesterday, the Bank of Canada (BoC) left the benchmark interest rate unchanged at 0.50%, as widely expected. Further, the BoC … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3328. In the Asian session, at GMT0300, the pair is trading at 1.3333, with the USD trading marginally higher against the … Continue reading

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