USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.2540. The commodity based currency CAD was weighed down by the plunge in crude oil prices. In the Asian session, at … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.2503. Yesterday, the Canadian Prime Minister, Stephen Harper, mentioned that the nation would register weaker than expected economic growth in the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CAD to close at 1.2475. Canada’s seasonally adjusted Ivey PMI unexpectedly fell to a level of 47.9 in March, from a reading of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.2620, following weak economic data in the US. In economic news, RBC’s manufacturing PMI for Canada increased to a level of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.2679. Canada’s GDP shrank 0.1% on a monthly basis, registering second negative GDP figure in the past three months in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CAD to close at 1.2680. Yesterday, the BoC Governor, Stephen Poloz mentioned that declining oil prices was having an “atrocious” effect on the Canadian economy … Continue reading →

USDCAD Movement On Friday, the USD rose 1.03% against the CAD to close at 1.2610. In the Asian session, at GMT0300, the pair is trading at 1.2619, with the USD trading 0.07% higher from Friday’s close. The pair is expected … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD to close at 1.2481. Yesterday, the BoE Governor, Stephen Poloz, citing sliding oil prices, indicated that the Canadian economy would miss the central bank’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.2523 In the Asian session, at GMT0400, the pair is trading at 1.2497, with the USD trading 0.21% lower from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2503. Yesterday, a leading bank of Canada slashed its growth estimates for the first quarter to an annual pace of 0.5% … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.2507. In the Asian session, at GMT0400, the pair is trading at 1.2543, with the USD trading 0.29% higher from yesterday’s … Continue reading →