USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.2457. In the Asian session, at GMT0400, the pair is trading at 1.2442, with the USD trading 0.12% lower from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD to close at 1.2391, following downbeat economic data in the US. In economic news, existing home sales in Canada slid 3.1% on a monthly … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.2468. In the Asian session, at GMT0400, the pair is trading at 1.2451, with the USD trading 0.14% lower from yesterday’s … Continue reading →

USDCAD Movement On Friday, the USD declined 0.32% against the CAD to close at 1.2471. On the macro front, manufacturing shipments in Canada rebounded more than expected by 1.7% on a monthly basis in December, against market expectations of 1.0%. … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2511, following disappointing advance retail sales data in the US. In economic news, the new housing price index in Canada advanced … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.2619, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1.2635, with the USD … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.94% against the CAD to close at 1.2588. Yesterday, the BoC’s Senior Deputy Governor, Carolyn Wilkins stated that the Canadian economy still has room to grow, despite declining … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2471. The CAD gained ground, after Canadian housing starts surprisingly rose to a level of 187.3 K in January, compared to … Continue reading →

USDCAD Movement On Friday, the USD rose 0.82% against the CAD to close at 1.2536, as the US registered upbeat non-farm payrolls figure in January. On the macro front, Canada’s unemployment rate unexpectedly dropped to a level of 6.6% in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CAD to close at 1.2434. In economic news, the international merchandise trade deficit in Canada widened to CAD0.65 billion in December, compared to market expectations … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.15% against the CAD to close at 1.2571. The CAD came under pressure, after Canada’s Ivey PMI plunged to a 4-year low level of 42.6 in January, lower … Continue reading →