USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.2485. Canada’s seasonally adjusted Ivey PMI improved to a level of 49.7 in February, but still remained in contraction territory and … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.2424. Yesterday, the BoC kept its interest rate steady at 0.75%. Additionally, the central bank in its monetary policy statement accompanying … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2490. The CAD gained ground, following stronger than expected GDP data in Canada. The nation’s economy expanded 0.3% MoM in December, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD to close at 1.2539. The CAD lost ground, after Canada’s RBC manufacturing PMI slid to 48.7, marking its weakest level since April 2013 in … Continue reading →

USDCAD Movement On Friday, the USD traded marginally lower against the CAD to close at 1.2514. In the Asian session, at GMT0400, the pair is trading at 1.2506, with the USD trading 0.07% lower from Friday’s close. The pair is … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD to close at 1.2516, following stronger than expected durable goods orders data from the US in January. In economic news, Canada’s core CPI rebounded … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD to close at 1.2435. In the Asian session, at GMT0400, the pair is trading at 1.2432, with the USD trading a tad lower from … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CAD to close at 1.2496, after the US consumer confidence dropped more than expected in February. Yesterday, the BoC Governor, Stephen Poloz reiterated that plunging … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.2570. In the Asian session, at GMT0400, the pair is trading at 1.2594, with the USD trading 0.19% higher from yesterday’s … Continue reading →

USDCAD Movement On Friday, the USD rose 0.34% against the CAD to close at 1.2535. The CAD lost ground, after retail sales in Canada retreated more than expected by 2.0% on a monthly basis, posting its biggest decline since April … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.2493. Yesterday, the BoC Deputy Governor, Agathe Cote stated that plunging oil prices could lead Canada’s inflation into “negative territory” for … Continue reading →