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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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USD/CAD: Loonie extends its losses in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.76% against the CAD and closed at 1.3923. In the Asian session, at GMT0400, the pair is trading at 1.3939, with the USD trading 0.11% higher against the … Continue reading
Posted in USD/CAD
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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 5.60% against the CAD and closed at 1.3773. In the Asian session, at GMT0400, the pair is trading at 1.3788, with the USD trading 0.11% higher against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.19% against the CAD and closed at 1.3719. In the Asian session, at GMT0400, the pair is trading at 1.3694, with the USD trading 0.18% lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian housing starts declined less-than-expected in February
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.70% against the CAD and closed at 1.3655. On the macro front, Canada’s housing starts dropped to a level of 210.1K in February, less than market expectation for … Continue reading
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USD/CAD: Canada’s Ivey PMI dropped less than expected in February
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.91% against the CAD and closed at 1.3422 on Friday. On the data front, Canada’s unemployment rate increased to 5.6% in February, in line with market expectations and … Continue reading
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USD/CAD: Loonie trading lower ahead of key economic data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.79% against the CAD and closed at 1.3406. In the Asian session, at GMT0400, the pair is trading at 1.3410, with the USD trading slightly higher 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 2.65% against the CAD and closed at 1.3387. The Bank of Canada (BoC), in its latest policy meeting, lowered its key interest rate by 50 basis points to … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher ahead of BoC’s interest rate decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.64% against the CAD and closed at 1.3386. In the Asian session, at GMT0400, the pair is trading at 1.3355, with the USD trading 0.23% lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie extends its losses in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.14% against the CAD and closed at 1.3321. In economic news, Canada’s Markit manufacturing PMI advanced to 51.8 in February, compared to 50.6 in the previous month. In … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s GDP growth slowed in 4Q 2019
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.83% against the CAD and closed at 1.3411 on Friday. Data showed that Canada’s annualised gross domestic product (GDP) growth slowed to 0.3% on a quarterly basis in … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s current account deficit narrowed more-than-expected in 4Q19
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.63% against the CAD and closed at 1.3385. Data showed that Canada’s current account deficit narrowed to C$8.76 billion in the fourth quarter of 2019, compared to a … Continue reading
Posted in USD/CAD
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