USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CAD to close at 1.2150, following disappointing economic data in the US. In the Asian session, at GMT0300, the pair is trading at 1.215, with … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.2243. Yesterday, a private poll in Canada showed that the nation’s economic growth will pick up in the second half of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 1.2274. On the macro front, wholesale sales in Canada unexpectedly fell 0.4% on a monthly basis in February, compared to market … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.2235. Yesterday, the BoC Governor, Stephen Poloz stated that the central bank’s January’s interest rate cut was enough to get the … Continue reading →

USDCAD Movement On Friday, the USD rose 0.27% against the CAD to close at 1.2230. In economic news, consumer prices in Canada rose 0.7% on a monthly basis in March, beating market expectations for a 0.6% rise and following an … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2198, amid weak US data releases. In the Asian session, at GMT0300, the pair is trading at 1.2194, with the USD … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.48% against the CAD to close at 1.2303, following worse than expected industrial production data in the US. Yesterday, the BoC maintained its interest rate steady at 0.75%, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.84% against the CAD to close at 1.2488. In economic news, the IMF lowered its economic growth projection for the Canadian economy to 2.2% in this year, from … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.2594, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1.2578, with the USD … Continue reading →

USDCAD Movement On Friday, the USD traded marginally lower against the CAD to close at 1.2584. The CAD gained ground, after Canada’s jobs data surprised on the upside in March. Data indicated that unemployment rate in Canada unexpectedly remained flat … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2586. The CAD lost ground, after building permits in Canada unexpectedly dropped 0.9%, declining for the second consecutive month on a … Continue reading →