USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement On Friday, the USD declined 0.99% against the CAD to close at 1.2581. The CAD gained ground, after consumer prices in Canada rebounded 0.2% on a monthly basis in February, following a similar drop registered in the preceding … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CAD to close at 1.2707, reversing from its previous session heavy losses. In the Asian session, at GMT0400, the pair is trading at 1.2688, with … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.70% against the CAD to close at 1.2573, despite the US Fed dropping the “patient” word from its monthly monetary statement. In economic news, wholesale sales in Canada … Continue reading

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USD/CAD: Loonie trading flat this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.2790. In economic news, manufacturing shipments slid 1.7% on a monthly basis in January, higher than market expected drop of 1.2% … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD to close at 1.2775. In the Asian session, at GMT0400, the pair is trading at 1.2791, with the USD trading 0.12% higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement On Friday, the USD rose 0.78% against the CAD to close at 1.2789. The CAD lost ground, after Canada’s unemployment rate increased to 6.8% in February, higher than market expectations of an advance to 6.7% and compared to … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s jobless rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2690, following weak advance retail sales data for February in the US. On the macro front, the new housing price index … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD to close at 1.2740. In the Asian session, at GMT0400, the pair is trading at 1.2757, with the USD trading 0.13% higher from yesterday’s … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD to close at 1.2683. In the Asian session, at GMT0400, the pair is trading at 1.2694, with the USD trading 0.08% higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.2618. The CAD lost ground, after housing starts in Canada rose to 156.30K, down from previous month’s revised level of 187.0K. … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement On Friday, the USD rose 1.01% against the CAD to close at 1.2611, following upbeat economic data in the US. In economic news, building permits in Canada slid 12.9% MoM in January, higher than market expectations for a … Continue reading

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