USD/CAD: Canada’s inflation rises in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.79% against the CAD and closed at 1.3222. On the macro front, Canada’s consumer price index rose 2.4% on an annual basis in January, driven by a rise … Continue reading

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USD/CAD: Canada’s manufacturing sales dropped for the fourth straight month in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.06% against the CAD and closed at 1.3256. Data showed that Canada’s manufacturing sales unexpectedly fell by 0.7% on a monthly basis in December, driven by a decline … 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 1.89% against the CAD and closed at 1.3235. In the Asian session, at GMT0400, the pair is trading at 1.3248, with the USD trading 0.10% higher against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.02% against the CAD and closed at 1.3252 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3238, with the USD trading 0.11% lower … 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 2.13% against the CAD and closed at 1.3266. In the Asian session, at GMT0400, the pair is trading at 1.3261, with the USD trading marginally lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.04% against the CAD and closed at 1.3254. In the Asian session, at GMT0400, the pair is trading at 1.3248, with the USD trading 0.05% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.30% against the CAD and closed at 1.3288. In the Asian session, at GMT0400, the pair is trading at 1.3281, with the USD trading 0.05% lower against the … Continue reading

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USD/CAD: Canada’s housing starts rose to a 4-month high in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.53% against the CAD and closed at 1.3317. On the macro front, Canada’s housing starts jumped 8.8% to a level of 213.2K in January, surpassing market expectations for … Continue reading

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USD/CAD: Canada’s economic activity expanded at a faster pace in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.40% against the CAD and closed at 1.3301 on Friday. On the macro front, Canada’s unemployment rate declined to 5.5% in January, defying market forecast for an unchanged … 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 rose 2.29% against the CAD and closed at 1.3287, amid better than expected initial jobless claims data from the US. In the Asian session, at GMT0400, the pair is … 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 rose 2.26% against the CAD and closed at 1.3283. In economic news, Canada’s international merchandise trade deficit narrowed to C$0.4 billion in December, compared to a deficit of C$1.2 … Continue reading

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