USD/CAD: Canada’s existing home sales declined on a monthly basis in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CAD to close at 1.4511. The Canadian dollar lost ground after existing home sales in Canada fell 0.6% MoM in December, following a 1.8% rise … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s existing homes sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.4356. In economic news, Canada’s new housing price index rose by 0.2% MoM in November, in line with market expectation, following … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s new housing price index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.4342. In economic news, Canada’s Teranet/National Bank house price index declined 0.1% MoM in December, following a rise of 0.2% in … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.4270. In the Asian session, at GMT0400, the pair is trading at 1.4239, with the USD trading 0.22% lower from yesterday’s … Continue reading

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USD/CAD: Canadian housing starts fell in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.4221. The Canadian dollar lost ground, after Canada’s housing starts declined more-than-expected to a level of 173.0K in December, from a … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.4117. The Canadian dollar gained ground, after Canada’s unemployment rate remained steady at 7.1% in December, in line with investor expectations. … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.4120. The CAD lost ground, after Canada’s seasonally adjusted Ivey purchasing managers index contracted for the first time in nine months … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s Ivey PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD to close at 1.4078. In economic news, Canada’s international merchandise trade deficit narrowed to C$2.0 billion in November, from a revised trade deficit of … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.3975. In economic news, Canada’s raw material price index declined more-than-expected by 4.0% MoM in November, compared to a revised flat … Continue reading

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USD/CAD: Canada’s manufacturing activity hit a record low in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD to close at 1.3938. The CAD lost ground, after Canada’s manufacturing sector contracted for the fifth consecutive month to a level of 47.5 in … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s RBC manufacturing PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.3834. In the Asian session, at GMT0400, the pair is trading at 1.389, with the USD trading 0.39% higher from Thursday’s … Continue reading

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