USD/CAD: Canada’s retail sales rebounded less than anticipated in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.3452. On the data front, Canada’s retail sales surged 18.7% on a monthly basis in May, less than market expectations for … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3531. In the Asian session, at GMT0300, the pair is trading at 1.3518, with the USD trading 0.10% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3579 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3593, with the USD trading 0.10% higher … Continue reading

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USD/CAD: Canada’s ADP employment rose in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CAD and closed at 1.3580. On the data front, Canada’s ADP employment increased by 1042.9K in June, compared to a revised fall of 2951.4K in … Continue reading

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USD/CAD: Bank of Canada (BoC) kept its key interest rate unchanged

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD and closed at 1.3507. On the data front, Canada’s manufacturing sales jumped 10.7% on a monthly basis in May, beating market expectations for a … 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 marginally declined against the CAD and closed at 1.3601. In the Asian session, at GMT0300, the pair is trading at 1.3601, with the USD trading flat against the CAD … Continue reading

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USD/CAD: Loonie extends its losses 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 1.3607. In the Asian session, at GMT0300, the pair is trading at 1.3618, with the USD trading 0.08% higher against the … Continue reading

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USD/CAD: Canada’s unemployment rate fell less-than-expected in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3595 on Friday. On the data front, Canada’s unemployment rate fell to 12.3% in June, less than expectations for a fall … Continue reading

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USD/CAD: Canada’s housing starts increased more-than-expected in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD and closed at 1.3584. On the data front, Canada’s housing starts rose to 211.7K on a yearly basis in June, more than market forecast … 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 declined 0.65% against the CAD and closed at 1.3518. In the Asian session, at GMT0300, the pair is trading at 1.3515, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Canada’s Ivey manufacturing activity expanded for the first time in four months

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD and closed at 1.3607. On the data front, Canada’s Ivey Purchasing Managers’ Index unexpectedly jumped to 58.2 in May, confounding market consensus for a … Continue reading

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