USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD to close at 1.3037. In the Asian session, at GMT0300, the pair is trading at 1.3025, with the USD trading 0.1% lower from yesterday’s … Continue reading

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USD/CAD: Loonie reverses its losses this morning

USDCAD Movement On Friday, the USD rose 0.06% against the CAD to close at 1.3035. In the Asian session, at GMT0300, the pair is trading at 1.3023, with the USD trading 0.09% lower from Friday’s close. The pair is expected … Continue reading

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USD/CAD: Canada’s retail sales beat expectations

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.3027. The CAD gained ground, after Canadian retail sales rebounded stronger than expected in May. Data released showed that retail … Continue reading

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USD/CAD: Loonie trading on a slightly lower footing ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD to close at 1.3029. In the Asian session, at GMT0300, the pair is trading at 1.3031, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading on a weaker footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD to close at 1.2946. In the Asian session, at GMT0300, the pair is trading at 1.296, with the USD trading 0.11% higher from yesterday’s … Continue reading

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USD/CAD: Loonie reverses its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.2998. On the macro front, Canadian wholesale sales unexpectedly slid 1.0% on a monthly basis in May, following a revised rise … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2988. In economic news, consumer prices in Canada rose 0.2% MoM in June, at par with market expectations and following a 0.6% increase recorded in May. … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2966. In the Asian session, at GMT0300, the pair is trading at 1.2961, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/CAD: The BoC lowered its benchmark interest rate to 0.5%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.45% against the CAD to close at 1.2915. The CAD lost ground, after the BoC decided to slash its benchmark interest rate by 25 basis points to 0.5% … Continue reading

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USD/CAD: Loonie trading on a weaker footing ahead of the BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.2731. In economic news, Canada’s house price index climbed 1.4% MoM in June. It followed an advance of 0.9% in the … Continue reading

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USD/CAD: Loonie reverses its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 1.2741. In the Asian session, at GMT0300, the pair is trading at 1.2737, with the USD trading a tad lower from … Continue reading

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