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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.3431. In the Asian session, at GMT0400, the pair is trading at 1.3428, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/CAD: Canada’s GDP expanded more than expected on a monthly basis in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.82% against the CAD and closed at 1.3423. The Canadian dollar gained ground, after Canada’s GDP expanded more-than-anticipated by 0.2% MoM in December, after expanding by 0.3% in … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CAD and closed at 1.3534. On the economic front, Canada’s Q4 current account deficit rose less-than-expected to a level of C$15.38 billion in 4Q 2015, … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3525. In the Asian session, at GMT0400, the pair is trading at 1.3533, with the USD trading 0.08% higher from Friday’s … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.19% against the CAD and closed at 1.3540. In the Asian session, at GMT0400, the pair is trading at 1.353, with the USD trading 0.07% lower from yesterday’s … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD and closed at 1.3703. In the Asian session, at GMT0400, the pair is trading at 1.3724, with the USD trading 0.15% higher from yesterday’s … 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 0.54% against the CAD and closed at 1.3787. Yesterday, Canada’s Finance Minister, Bill Morneau, indicated that the nation needs an aggressive fiscal policy to deal with global economic … Continue reading

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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 0.56% against the CAD and closed at 1.3712. In the Asian session, at GMT0400, the pair is trading at 1.3723, with the USD trading 0.08% higher from yesterday’s … Continue reading

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USD/CAD: Canada’s consumer price inflation surprisingly rose on a monthly basis in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.3785. On the economic front, Canada’s consumer price index unexpectedly rose by 0.2% MoM in January, whereas investors expected it to … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3730. Yesterday, the Organisation for Economic Co-operation and Development (OECD) cut Canada’s growth forecast to 1.4% in 2016 and 2.2% in … 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 1.32% against the CAD and closed at 1.3686. In the Asian session, at GMT0400, the pair is trading at 1.3660, with the USD trading 0.19% lower from yesterday’s … Continue reading

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