USD/CAD: Loonie trading on a weaker footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2588. In the Asian session, at GMT0300, the pair is trading at 1.2598, with the USD trading 0.08% higher from yesterday’s … 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 0.57% against the CAD to close at 1.2605, after US consumer confidence worsened more than expected in April. In the Asian session, at GMT0300, the pair is trading … Continue reading

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USD/CAD: Loonie trading higher, ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD to close at 1.2677. In the Asian session, at GMT0300, the pair is trading at 1.2667, with the USD trading 0.08% lower from yesterday’s … Continue reading

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USD/CAD: Canada’s retail sales and CPI rose

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD to close at 1.2672. The Canadian dollar gained ground after the release of upbeat economic data. Data showed that Canada’s retail sales surprisingly advanced … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s March consumer price inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.2722, after US initial jobless claims dropped to a 42-year low. In the Asian session, at GMT0300, the pair is trading … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.2653. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, indicated that it would likely take more than three years for … 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 0.80% against the CAD to close at 1.2690. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, in his speech remained cautious on Canada’s economic outlook as the … 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 0.55% against the CAD to close at 1.2906. In the Asian session, at GMT0300, the pair is trading at 1.2911, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CAD: Canada’s unemployment rate declined to 7.1% in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.10% against the CAD to close at 1.3000. The CAD gained ground, after Canada’s unemployment rate surprisingly fell to 7.1% in March, from a three-year high level of … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.3144. In economic news, Canadian building permits rebounded above expectations by 15.5% MoM, in February, its largest monthly increase in over … Continue reading

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USD/CAD: Canada’s Ivey PMI declined in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.3090, after the release of the latest Fed meeting minutes from March. In economic news, Canada’s seasonally adjusted Ivey purchasing managers … Continue reading

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