USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CAD to close at 1.2270. In the Asian session, at GMT0300, the pair is trading at 1.2272, with the USD trading marginally higher from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD to close at 1.2341. In the Asian session, at GMT0300, the pair is trading at 1.2349, with the USD trading 0.07% higher from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.2412. The CAD traded on a stronger footing, following a better-than-expected housing data in Canada. Data released showed that housing starts … Continue reading →

USDCAD Movement On Friday, the USD declined 0.53% against the CAD to close at 1.2440. On the macro front, unemployment rate in Canada remained unchanged at 6.8% in May, in line with market expectations. Meanwhile, the nation added 58.9 K … Continue reading →

USDCAD Movement On Friday, the USD declined 0.53% against the CAD to close at 1.2440. On the macro front, unemployment rate in Canada remained unchanged at 6.8% in May, in line with market expectations. Meanwhile, the nation added 58.9 K … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2506. In economic news, Canada’s Ivey PMI surged to a 19-month high level of 62.3 in May, from 58.2 recorded in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2456. Yesterday, data showed that Canada’s international merchandise trade deficit narrowed to C$2.97 billion in April, following a revised trade deficit … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.92% against the CAD to close at 1.2411. Yesterday, Canada’s Finance Minister, Joe Oliver mentioned that prospects of a recession in the Canadian economy was premature and added … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.2527, after the ISM data revealed that US manufacturing expansion continued to roll in May. Yesterday, data revealed that Canada’s RBC … Continue reading →

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2445. The CAD lost ground, after Canada’s annualized GDP unexpectedly dropped 0.6% in the first quarter of 2015, registering its first contraction in four years since … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD to close at 1.2424, reversing its previous session gains. In economic news, Canada’s current account deficit expanded to C$17.50 billion in 1Q 2015, compared … Continue reading →