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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3459 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3436, with the USD trading 0.17% lower … 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 0.15% against the CAD and closed at 1.3460. On the macro front, Canada’s manufacturing sales rose 2.1% on a monthly basis in March, surpassing market forecast for a … Continue reading

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USD/CAD: Canada’s consumer price inflation rose in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3440. Data showed that Canada’s seasonally adjusted consumer price index (CPI) advanced 2.0% on a yearly basis in April, on the … 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 declined 0.18% against the CAD and closed at 1.3460. In the Asian session, at GMT0300, the pair is trading at 1.3462, with the USD trading slightly higher 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 rose 0.36% against the CAD and closed at 1.3484. In the Asian session, at GMT0300, the pair is trading at 1.3472, with the USD trading 0.09% lower against the … Continue reading

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USD/CAD: Canada’s jobless rate fell in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3414 on Friday. Data indicated that Canada’s building permits rebounded 2.1% on a monthly basis in March, amid advanced construction plans … Continue reading

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USD/CAD: Canada’s new housing price index rose as estimated in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.3472. On the data front, Canada’s new housing price index rose 0.1% on a yearly basis in March, at par with … Continue reading

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USD/CAD: Canada’s housing starts rose beyond estimates in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3472. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts jumped to a level of 235.5K in April, surpassing market anticipation … Continue reading

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USD/CAD: Loonie trading slightly higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3470. On the macro front, Canada’s Ivey Purchasing Managers Index climbed to 55.9 in April, compared to a level of 54.3 … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3451. The Bank of Canada’s Governor Stephen Poloz, in his speech, sounded optimistic over the growth of housing market, amid various … Continue reading

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USD/CAD: Loonie trading a tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3469. In the Asian session, at GMT0300, the pair is trading at 1.3466, with the USD trading slightly lower against the … Continue reading

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