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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD and closed at 1.2679. In economic news, Canada’s manufacturing shipments declined 1.8% on a monthly basis in June, higher than market expectations for a … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.99% against the CAD and closed at 1.2627. In the Asian session, at GMT0300, the pair is trading at 1.2612, with the USD trading 0.12% lower against the … Continue reading

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USD/CAD: Canadian existing home sales fell for the fourth straight month in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2753. Macroeconomic data showed that Canada’s existing home sales eased 2.1% on a monthly basis in July, dropping for the fourth … Continue reading

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USD/CAD: Loonie trading a tad lower in the morning session, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD and closed at 1.2725. On the data front, Canada’s Teranet/National Bank house price index advanced 2.0% MoM in July. In the prior month, the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.2684 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2677, with the USD trading 0.06% lower … Continue reading

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USD/CAD: Canada’s new house price index rose less-than-expected in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD and closed at 1.2742. On the data front, Canada’s new housing price index registered a rise of 0.2% MoM in June, falling short of … Continue reading

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USD/CAD: Canada’s housing starts surprisingly climbed in July, building permits recorded an unexpected rise in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.2698. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts surprisingly advanced to a level of 222.3K in July, defying market … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session, ahead of Canada’s housing starts and building permits data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.2667. In the Asian session, at GMT0300, the pair is trading at 1.2689, with the USD trading 0.17% higher against the … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.2680. In the Asian session, at GMT0300, the pair is trading at 1.2665, with the USD trading 0.12% lower against the … Continue reading

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USD/CAD: Canadian unemployment rate lowest since October 2008 in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD and closed at 1.2652 on Friday. Macroeconomic data indicated that Canada’s unemployment rate unexpectedly fell to 6.3% in July, hitting its lowest in nine … Continue reading

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USD/CAD: Loonie trading marginally lower, ahead of Canada’s jobs data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2572. In the Asian session, at GMT0300, the pair is trading at 1.2575, with the USD trading a tad higher against … Continue reading

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