USD/CAD: Loonie trading flat 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 1.3158 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3158, with the USD trading flat against … 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 0.31% against the CAD and closed at 1.3170. Data indicated that Canada’s new housing price index climbed 0.9% on yearly basis in May, undershooting market expectations for an … Continue reading

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USD/CAD: BoC raises key interest rates, despite trade tensions

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3211. Yesterday, the Bank of Canada (BoC), at its July monetary policy meeting, raised its benchmark interest rate to 1.50% from … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3139. Data showed that, Canada’s seasonally adjusted housing starts jumped to a level of 248.1K in June, signalling strength in consumer … Continue reading

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USD/CAD: Loonie trading flat in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.3115. In the Asian session, at GMT0300, the pair is trading at 1.3115, with the USD trading flat against the CAD … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3101 on Friday. Data released showed that Canada’s unemployment rate unexpectedly rose to 6.0% in June, defying market consensus for an … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3134. In the Asian session, at GMT0300, the pair is trading at 1.3148, with the USD trading 0.11% higher against the … Continue reading

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USD/CAD: Loonie trading a tad lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD and closed at 1.3141. In the Asian session, at GMT0300, the pair is trading at 1.3145, with the USD trading a tad higher against … Continue reading

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USD/CAD: Canada’s manufacturing activity jumps at its fastest pace in past 7-years in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3144. Data showed that Canada’s manufacturing activity jumped to a level of 57.1 in June, hitting a seven-year high level since … Continue reading

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USD/CAD: Loonie extends its losses 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 1.3186. In the Asian session, at GMT0300, the pair is trading at 1.3198, with the USD trading 0.09% higher against the … Continue reading

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USD/CAD: Canada’s GDP beats expectations in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CAD and closed at 1.3149 on Friday. The Canadian dollar rose on Friday, after Canada’s gross domestic product (GDP) surprisingly rose in April. Data released … Continue reading

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