USD/CAD: Loonie trading flat in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.83% against the CAD to close at 1.3271. Yesterday, the Deputy Governor of BoC, Timothy Lane, announced that the central bank might opt for certain alternative inflation measures … Continue reading

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USD/CAD: Loonie trading tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3161. In the Asian session, at GMT0400, the pair is trading at 1.3169, with the USD trading marginally higher from yesterday’s … 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 0.59% against the CAD to close at 1.3180. In economic news, Canada’s consumer price index fell more-than-expected by 0.2% MoM in September, compared to a flat reading in … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s inflation data for September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.3102. In economic news, Canada’s retail sales increased more than expected by 0.5% on a monthly basis in August, against market … Continue reading

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USD/CAD: Loonie extends its losses, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.02% against the CAD to close at 1.3117. Yesterday, the Bank of Canada, in a widely expected move kept its key overnight lending rate unchanged at 0.5%, following … Continue reading

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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 declined 0.25% against the CAD to close at 1.2987. In economic news, Canada’s wholesale sales recorded an unexpected drop of 0.1% MoM in August, after registering a downwardly revised … 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 0.80% against the CAD to close at 1.3019. In the Asian session, at GMT0300, the pair is trading at 1.3044, with the USD trading 0.19% higher 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 rose 0.36% against the CAD to close at 1.2908. In economic news, Canada’s manufacturing shipments fell 0.2% MoM in August, compared to a rise of 1.7% in July. Investors … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.51% against the CAD to close at 1.2862, after US consumer prices dropped in September. In economic news, Canada’s existing home sales fell 2.1% MoM in September, compared … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CAD to close at 1.2927. In the Asian session, at GMT0300, the pair is trading at 1.2906, with the USD trading 0.17% lower from yesterday’s … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.3021. In the Asian session, at GMT0300, the pair is trading at 1.3005, with the USD trading 0.12% lower from yesterday’s … Continue reading

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