USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.2454, extending its previous session gains. Yesterday, the BoC left its benchmark interest rate untouched at 0.75%, in line with market … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.93% against the CAD to close at 1.2424. In the Asian session, at GMT0300, the pair is trading at 1.2433, with the USD trading 0.07% higher from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.2310. The CAD remained under pressure, as consumer prices in Canada unexpectedly eased 0.1% MoM in April, reversing market expectations for … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.2198. Yesterday, an former adviser to the earlier Bank of Canada Governor Mark Carney, stated that the BoC may cut … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.2204. In economic news, wholesale sales in Canada rebounded 0.8% MoM in March, less than market expected increase of 0.9%. It … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.2231. Yesterday, the BoC Governor, Stephen Poloz, reiterated that the Canadian economy was gradually recovering and is headed in the right … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.11% against the CAD to close at 1.2154, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.2145, with the USD … Continue reading →

USDCAD Movement On Friday, the USD rose 0.33% against the CAD to close at 1.2024. On the macro front, Canada’s existing home sales rose 2.3% on a MoM basis in April, compared to a rise of 4.1% recorded in the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.1985. On the macro front, Canada’s new housing price index remained unchanged on a monthly basis in March, compared to a … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.1954, after the US retail sales remained flat in April. In economic news, the house price index in Canada rose less … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.80% against the CAD to close at 1.2005. In the Asian session, at GMT0300, the pair is trading at 1.2014, with the USD trading 0.07% higher from yesterday’s … Continue reading →