USD/CAD: BoC cuts benchmark interest rate, announces QE

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.28% against the CAD and closed at 1.3991 on Friday. The Canadian dollar declined against the US dollar, after Canada’s central bank cut its interest rate and launched … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.80% against the CAD and closed at 1.4059. In the Asian session, at GMT0400, the pair is trading at 1.4004, with the USD trading 0.39% lower against the … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 9.02% against the CAD and closed at 1.4219. In the Asian session, at GMT0400, the pair is trading at 1.4236, with the USD trading 0.12% higher against the … 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 rose 10.70% against the CAD and closed at 1.4438. In the Asian session, at GMT0400, the pair is trading at 1.4387, with the USD trading 0.35% lower against the … Continue reading

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USD/CAD: Canada’s wholesale sales advanced in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 11.05% against the CAD and closed at 1.4483. On the data front, Canada’s wholesale sales unexpectedly climbed 1.8% on a monthly basis in January, defying market anticipations for … 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 rose 10.40% against the CAD and closed at 1.4398 on Friday. On the data front, Canada’s retail sales rose 0.4% on a monthly basis in January, surpassing market expectations … Continue reading

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USD/CAD: Canada’s new housing price index rose in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 11.41% against the CAD and closed at 1.4530. On the data front, Canada’s ADP employment rose less than expected by 7.2K in February, compared to an advance of … Continue reading

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USD/CAD: Canada’s consumer price inflation slowed in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 10.93% against the CAD and closed at 1.4468. On the data front, Canada’s consumer price index rose 2.2% on a yearly basis in February, surpassing market expectations for … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 9.16% against the CAD and closed at 1.4237. On the data front, Canada’s manufacturing sales dropped 0.2% on a monthly basis in January, 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 rose 7.30% against the CAD and closed at 1.3994. In the Asian session, at GMT0400, the pair is trading at 1.3986, with the USD trading 0.06% 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 rose 6.07% against the CAD and closed at 1.3833 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3847, with the USD trading 0.10% higher … Continue reading

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