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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD and closed at 1.2409. In the Asian session, at GMT0400, the pair is trading at 1.2415, with the USD trading slightly higher against the … Continue reading

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USD/CAD: BoC lifted the benchmark interest rate, warned on NAFTA risk

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.2456. The Canadian Dollar lost ground against the USD, after the Bank of Canada (BoC), at its latest monetary policy meeting, … Continue reading

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USD/CAD: Loonie trading lower, ahead of BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.2434. In the Asian session, at GMT0400, the pair is trading at 1.2441, with the USD trading 0.06% higher against the … Continue reading

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USD/CAD: Canada’s existing home sales grew for fifth consecutive month in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD and closed at 1.2426. Macroeconomic data revealed that Canada’s existing home sales climbed 4.5% MoM in December, rising for the fifth straight month. In … Continue reading

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USD/CAD: Loonie extends its gains, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2485. On the macro front, Canada’s Teranet/National Bank house price index rebounded 0.2% on a monthly basis in December. In the … Continue reading

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USD/CAD: Canada’s new house price index rose in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD and closed at 1.2522. In economic news, Canada’s new house price index climbed 0.1% on a monthly basis in November, undershooting market expectations for … Continue reading

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USD/CAD: Canadian building permits tumbled to its lowest level since March 2016 in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.7% against the CAD and closed at 1.2549. The Canadian Dollar plunged against the USD, following media reports that the US President, Donald Trump, would withdraw the United … Continue reading

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USD/CAD: Canada’s housing starts declined in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.2462. On the macro front, Canada’s seasonally adjusted housing starts eased to a level of 217.0K in December, less than market … Continue reading

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USD/CAD: Canadian companies remain upbeat: BoC business outlook survey

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.2421. According to the Bank of Canada’s (BoC) business outlook survey, Canadian businesses remained optimistic about future sales with firms planning … Continue reading

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USD/CAD: Canada’s unemployment rate plunged to its lowest level since January 1976 in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CAD and closed at 1.2407 on Friday. The Canadian Dollar gained ground against the USD, after stronger-than-expected data on Canada’s labour market boosted odds for … Continue reading

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USD/CAD: Loonie trading slightly higher, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.4% against the CAD and closed at 1.2491. In the Asian session, at GMT0400, the pair is trading at 1.2487, with the USD trading a tad lower against … Continue reading

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