USD/CAD: Canadian consumer prices data awaited

  For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.0187. In the Asian session, at GMT0300, the pair is trading at 1.0214, with the USD trading 0.27% higher from yesterday’s close. … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Pair trading tad higher this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0157. In Canadian economic news, manufacturing shipments dropped unexpectedly by 0.3% (MoM) in March, compared to a revised 2.8% increase recorded in … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie continues to trade lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CAD to close at 1.0185. In the Asian session, at GMT0300, the pair is trading at 1.0193, with the USD trading marginally higher from yesterday’s close. … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie trading tad higher this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.0103. In the Asian session, at GMT0300, the pair is trading at 1.0101, with the USD trading marginally lower from yesterday’s close. … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Canadian unemployment remained unchanged in April

  On Friday, the USD rose 0.42% against the CAD to close at 1.0114. The unemployment rate in Canada came in unchanged at 7.2% in April, and in line with market expectations. Meanwhile, the number of people employed rose less-than-expected … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Canadian new house prices rose less-than-expected in March

  For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.0072. The Canadian Dollar came under pressure, after new house prices in Canada rose 0.2% (YoY) in March, slower than the 2.1% … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Canadian April housing starts fell in April

  For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0030. On a seasonally adjusted annual basis, housing starts in Canada dropped to a level of 174.9K units in April, from a … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Canadian housing starts data awaited

  For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD to close at 1.0053. In the Asian session, at GMT0300, the pair is trading at 1.0053, with the USD trading flat from yesterday’s close. The … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Canadian Dollar strengthened on higher building permits data

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0069. The Canadian building permits increased more-than-expected by 8.6% (MoM) in March, following a revised 1.5% growth recorded in the previous month. … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Canada’s trade balance recorded a surplus in March

  For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD to close at 1.0109. On economic front, Canada’s international merchandise trade balance swung to a surplus of C$24 million in March as compared to a … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie trading lower in the Asian session

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0073. Yesterday, the Bank of Canada Governor, Mark Carney, stated that for central banks to be effective they must be absolutely transparent about … Continue reading

Posted in USD/CAD | Leave a comment