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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD and closed at 1.2881. In the Asian session, at GMT0300, the pair is trading at 1.2903, with the USD trading 0.17% higher against the … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2837. In the Asian session, at GMT0300, the pair is trading at 1.2847, with the USD trading 0.08% higher against the … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.2825. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading 0.24% higher against the … Continue reading

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USD/CAD: Loonie trading marginally lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.75% against the CAD and closed at 1.2776. In the Asian session, at GMT0300, the pair is trading at 1.2777, with the USD trading a tad higher against … Continue reading

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USD/CAD: Canada’s annual inflation cooled in April, whereas retail sales jumped to a 5-month high in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD and closed at 1.2879 on Friday. The Canadian Dollar declined against the USD, following disappointing inflation figures in Canada. Data indicated that Canada’s consumer … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of key economic releases in Canada

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.2831. In the Asian session, at GMT0300, the pair is trading at 1.2825, with the USD trading 0.05% lower against the … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CAD and closed at 1.2783. In economic news, Canada’s manufacturing shipments grew more-than-estimated by 1.4% on a monthly basis in March, compared to a revised … Continue reading

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USD/CAD: Canada’s existing home sales surprisingly declined to a 5-year low in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2874. The Canadian Dollar declined against the USD, after Canada’s existing home sales unexpectedly dropped 2.9% on a monthly basis in … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2803. On the macro front, Canada’s Teranet/National Bank house price index advanced 0.2% on a monthly basis in April, after recording … Continue reading

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USD/CAD: Canada’s unemployment rate remained steady in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.2791 on Friday. On the macro front, Canada’s unemployment rate remained steady at 5.8% in April, meeting market expectations. In the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CAD and closed at 1.2767. Macroeconomic data showed that Canada’s new housing price index remained flat on a monthly basis in March, in line with … Continue reading

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