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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3354. In the Asian session, at GMT0400, the pair is trading at 1.3366, with the USD trading 0.09% higher against the … 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 0.16% against the CAD and closed at 1.3331. In the Asian session, at GMT0400, the pair is trading at 1.3321, with the USD trading 0.08% lower against the … Continue reading

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USD/CAD: Canada’s retail sales posted its largest gain in almost 7 years in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.3352. On the economic front, retail sales in Canada rebounded more-than-anticipated by 2.2% in January, accelerating at its strongest pace in … Continue reading

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3339. In the Asian session, at GMT0400, the pair is trading at 1.3351, with the USD trading 0.09% 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 0.11% against the CAD and closed at 1.3336 on Friday. In economic news, Canada’s manufacturing shipments unexpectedly climbed 0.6% MoM in January, compared to a revised rise of … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3322. In the Asian session, at GMT0400, the pair is trading at 1.3315, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Canada’s existing home sales reach highest level since April 2016 in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CAD and closed at 1.3297. In economic news, Canada’s existing home sales advanced 5.2% MoM in February, hitting its highest level since April 2016. In … Continue reading

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USD/CAD: Loonie trading higher 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 0.22% against the CAD and closed at 1.3480. In the Asian session, at GMT0400, the pair is trading at 1.3467, with the USD trading 0.1% lower against the … Continue reading

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USD/CAD: Loonie trading a tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3450. In the Asian session, at GMT0400, the pair is trading at 1.3444, with the USD trading a tad lower against … Continue reading

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USD/CAD: Canada unemployment rate declined to a 2-year low level in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3464 on Friday. The Canadian Dollar gained ground, after Canada’s unemployment rate unexpectedly fell to 6.6% in February, hitting its lowest … Continue reading

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USD/CAD: Canada’s new house price index climbed as expected in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3509. On the economic front, Canada’s new housing price index advanced 0.1% in January, in line with market anticipations and compared … Continue reading

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