USDCAD Movement On Friday, the USD declined 0.21% against the CAD to close at 1.2679. On the macro front, Canada’s unemployment rate remained unchanged at previous month’s level of 6.8% in June, albeit markets expectations were for it to rise … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.2706. The CAD gained ground, after Canada’s seasonally adjusted housing starts registered an11-month high level of 202.80 K units in June, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.2741. The CAD lost ground, after Canadian building permits tumbled 14.5% on a monthly basis in May, giving back previous month’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.2715. Yesterday, the Canadian Finance Minister, Joe Oliver, maintained his optimistic outlook of the nation’s economy. He believes that more economic … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2648. On the macro front, Canada’s Ivey PMI slid to a 3-month low of 55.9 in June, after hitting a 19-month high … Continue reading →

USDCAD Movement On Friday, the USD rose 0.10% against the CAD to close at 1.2555. The Canadian Finance Minister, Joe Oliver, mentioned that the nation will avoid a recession in 2015, despite data disclosing that the economy shrank in the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2542. The CAD gained ground, as Canada’s RBC manufacturing PMI bounced back to expansion territory after it registered a level of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CAD to close at 1.2591. In the Asian session, at GMT0300, the pair is trading at 1.2585, with the USD trading slightly lower from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD to close at 1.2482. The CAD lost ground, on the back of downbeat GDP figure in Canada. Data released showed that Canada’s economy unexpectedly … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.2404. In economic news, the raw materials price index in Canada rose less than expected by 4.4% on a monthly basis … Continue reading →

USDCAD Movement On Friday, the USD declined 0.13% against the CAD to close at 1.2315. In the Asian session, at GMT0300, the pair is trading at 1.2339, with the USD trading 0.19% higher from Friday’s close. The pair is expected … Continue reading →