USD/CAD: Canada’s manufacturing sector activity rose in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD and closed at 1.2549. On the data front, Canada’s Markit manufacturing PMI advanced to a level of 55.5 in July, after recording a level … Continue reading

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USD/CAD: Loonie trading flat in the Asian session, ahead of Canadian manufacturing PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.2497. In the Asian session, at GMT0300, the pair is trading at 1.2497, with the USD trading flat against the CAD … Continue reading

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USD/CAD: Canadian economic growth accelerated in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.88% against the CAD and closed at 1.2440 on Friday. The Canadian Dollar gained ground, following robust Canadian GDP figures. Data indicated that Canada’s GDP sharply expanded by … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP report

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CAD and closed at 1.2551. On the macro front, Canada’s CFIB business barometer index fell to a level of 60.7 in July, after recording a … Continue reading

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USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.2453. In the Asian session, at GMT0300, the pair is trading at 1.2434, with the USD trading 0.15% lower against the … Continue reading

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USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.2510. In the Asian session, at GMT0300, the pair is trading at 1.2507, with the USD trading marginally lower against the … Continue reading

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USD/CAD: IMF forecasted stronger economic growth for Canada in 2017

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2510. Yesterday, the IMF raised its growth outlook for Canadian economy, now expecting it to grow by 2.5% in 2017, up … Continue reading

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USD/CAD: Canadian annual inflation grew at its weakest pace in nearly 2 years in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.2538 on Friday. The Canadian Dollar gained ground, after Canada’s retail sales rose more-than-anticipated by 0.6% MoM in May, climbing for … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2596. In the Asian session, at GMT0300, the pair is trading at 1.2602, with the USD trading slightly higher against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2600. On the data front, Canada’s manufacturing shipments climbed 1.1% MoM in May, topping market consensus for a rise of 0.8%. … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.2623. In the Asian session, at GMT0300, the pair is trading at 1.2638, with the USD trading 0.12% higher against the … Continue reading

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