USD/CAD: Loonie extends its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3101. The seasonally adjusted housing starts in Canada dropped more than expected to 193.00 K in July and notched its first … Continue reading

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USD/CAD: CAD trading lower, ahead of housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.98% against the CAD to close at 1.3011. In the Asian session, at GMT0300, the pair is trading at 1.3095, with the USD trading 0.64% higher from yesterday’s … 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 0.21% against the CAD to close at 1.3136. The CAD lost ground after the seasonally adjusted Ivey PMI in Canada eased to 52.90 in July, after recording a … Continue reading

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USD/CAD: Loonie reverses its gains, ahead of Canada’s July unemployment rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.3108. In the Asian session, at GMT0300, the pair is trading at 1.312, with the USD trading 0.09% higher from yesterday’s … 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 0.09% against the CAD to close at 1.3178. In economic news, Canada recorded an international merchandise trade deficit of C$0.48 billion in June, lower than a revised deficit … Continue reading

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USD/CAD: Loonie trading lower in this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.3189. The CAD lost ground, after the RBC’s Canadian Manufacturing PMI fell to 50.8 in July from a six-month high of … Continue reading

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USD/CAD: Loonie extends its losses 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 1.3155. In the Asian session, at GMT0300, the pair is trading at 1.3172, with the USD trading 0.13% higher from yesterday’s … Continue reading

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USD/CAD: Canadian economy shrank for the fifth consecutive month

USDCAD Movement On Friday, the USD rose 0.59% against the CAD to close at 1.3082. The CAD lost ground, after Canada’s GDP growth contracted 0.2% on a monthly basis in May, following a drop of 0.1% in the previous month, … Continue reading

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USD/CAD: Loonie trading on a stronger footing ahead of Canada’s GDP growth data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 1.3005. In the Asian session, at GMT0300, the pair is trading at 1.2996, with the USD trading 0.07% lower 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 0.11% against the CAD to close at 1.2946. Yesterday, Canada’s leading think tanker downgraded the nation economic growth forecast to 1.6% in 2015, its most dismal economic forecast … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CAD to close at 1.2931, after the US consumer confidence index unexpectedly fell in July. In economic news, the raw material price index in Canada … Continue reading

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