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 0.41% against the CAD to close at 1.3002. In the Asian session, at GMT0300, the pair is trading at 1.3057, with the USD trading 0.42% higher from yesterday’s … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CAD to close at 1.2942. In economic news, Canada’s unemployment rate unexpectedly rose to 7.1% in September, its highest level in more than a year, … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.3007. The CAD gained ground, after the Canadian housing starts in September recorded its fastest pace since 2012. Data showed that … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.3058, The CAD weakened, after the release of downbeat Canadian building permits data. Yesterday, data showed that Canada’s building permits unexpectedly … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD to close at 1.3038. In economic news, Canada’s Ivey purchasing managers index fell to a level of 53.7 in September, from a reading of … Continue reading

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USD/CAD: Loonie extends its gains, ahead of Canada’s Ivey PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.3087. In the Asian session, at GMT0300, the pair is trading at 1.3085, with the USD trading marginally lower from yesterday’s … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.3161. In the Asian session, at GMT0300, the pair is trading at 1.3133, with the USD trading 0.22% lower from Friday’s … Continue reading

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USD/CAD: Canadian manufacturing contraction continues

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.3245. In economic news, the Canadian RBC manufacturing PMI deteriorated further to hit its five-year lowest level of 48.6 in September, … Continue reading

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USD/CAD: Loonie extends its gains this morning, after Canada posted its second month of growth

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.3329. The CAD strengthened after the Canadian economy rose for second month in a row. The Canadian GDP rose 0.3% MoM in … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.3422. In economic news, Canada’s industrial product price fell 0.3% MoM in August, while the country’s raw material price index also … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.3395. In the Asian session, at GMT0300, the pair is trading at 1.3407, with the USD trading 0.09% higher from yesterday’s … Continue reading

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