USD/CAD: Canada’s housing starts unexpectedly fell in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD and closed at 1.3227 on Friday. On the macro front, Canada’s seasonally adjusted housing starts unexpectedly fell to a level of 202.0K in October, … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.3174. In the Asian session, at GMT0400, the pair is trading at 1.3184, with the USD trading 0.08% higher against the … Continue reading

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USD/CAD: Canada’s Ivey PMI contracted to its lowest level in 4.5 years in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD and closed at 1.3186. In economic news, Canada’s seasonally adjusted Ivey PMI unexpectedly contracted to its lowest level in 4.5 years to 48.2 in … Continue reading

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USD/CAD: Canada’s international merchandise trade deficit narrowed less than forecast in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3151. In economic news, Canada’s international merchandise trade deficit narrowed to CAD$0.98 billion in September, compared to a revised deficit of … Continue reading

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USD/CAD: Loonie trading a tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3155. In the Asian session, at GMT0400, the pair is trading at 1.3156, with the USD trading marginally higher against the … Continue reading

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USD/CAD: Canada’s manufacturing sector activity expanded at its quickest pace in 8 months in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3145 on Friday. Data revealed that Canada’s manufacturing PMI advanced to a level of 51.2 in October, expanding at its quickest … Continue reading

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USD/CAD: Canada’s gross domestic product advanced in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3168. Data showed that Canada’s gross domestic product (GDP) advanced 1.3% on an annual basis in August, following a similar rise … Continue reading

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USD/CAD: BoC held its key interest rate steady at 1.75%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3163. The Bank of Canada (BoC), in its latest monetary policy meeting, held its key interest rate steady at 1.75%, as … Continue reading

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USD/CAD: Loonie trading flat in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD and closed at 1.3091. In the Asian session, at GMT0400, the pair is trading at 1.3091, with the USD trading flat against the CAD … Continue reading

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USD/CAD: Loonie trading slightly lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3057. In the Asian session, at GMT0400, the pair is trading at 1.3058, with the USD trading a tad higher against … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.3057 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3073, with the USD trading 0.12% higher … Continue reading

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