USD/CAD: Loonie reverses its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CAD to close at 1.3744. In the Asian session, at GMT0400, the pair is trading at 1.3737, with the USD trading marginally lower from Friday’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 rose 0.49% against the CAD to close at 1.3636. In economic news, Canada’s new housing price index rose more-than-anticipated by 0.3% MoM in October, against investor expectations for it … 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 0.11% against the CAD to close at 1.3569. In the Asian session, at GMT0400, the pair is trading at 1.3553, with the USD trading 0.12% lower from yesterday’s … Continue reading

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USD/CAD: Canadian housing starts advanced in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD to close at 1.3584. In economic news, housing starts in Canada rose to a level of 211.9K in November, compared to market expectations of … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.01% against the CAD to close at 1.3508. In the Asian session, at GMT0400, the pair is trading at 1.3516, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CAD: Canada’s unemployment rate rises to 7.1% in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.3387. The CAD weakened, after Canada’s unemployment rate unexpectedly rose to 7.1% in November, from prior month’s level of 7.0%. Also, … Continue reading

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3347. In the Asian session, at GMT0400, the pair is trading at 1.3355, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CAD: BoC held key interest rate steady at 0.5%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3351. The BoC left its benchmark interest rates unchanged at 0.5%, as widely expected, as the country continues to grapple with … Continue reading

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USD/CAD: Loonie trading lower, ahead of BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.3360. The CAD lost ground on the back of weak Canadian GDP and manufacturing sector performance. Data showed that Canada’s GDP … Continue reading

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USD/CAD: Loonie trading tad lower, ahead of Canada’s September GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.3349. In economic news, Canada’s current account deficit narrowed to C$16.2 billion in 3Q 2015, reaching its lowest level this year, … 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 0.52% against the CAD to close at 1.3365. In economic news, Canada’s industrial product price index declined more-than-expected by 0.5% MoM in October, against investor expectations for a … Continue reading

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