USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.1951. In the Asian session, at GMT0400, the pair is trading at 1.1976, with the USD trading 0.22% higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement On Friday, the USD declined 0.07% against the CAD to close at 1.1964. In the Asian session, at GMT0400, the pair is trading at 1.1967, with the USD trading a tad higher from Friday’s close. The pair is … Continue reading

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USD/CAD: Loonie reverses its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD gained 0.14% against the CAD to close at 1.1972. Canadian existing home sales dropped 5.8% on a monthly basis in December, compared to a flat reading recorded in the … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CAD to close at 1.1956. In economic news, Canada’s Teranet/National Bank house price index eased 0.2% on a monthly basis in December, compared to … 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 0.15% against the CAD to close at 1.1955. In the Asian session, at GMT0400, the pair is trading at 1.1988, with the USD trading 0.28% higher from yesterday’s … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.02% against the CAD to close at 1.1973. Yesterday, the BoC in its latest business outlook survey, indicated that while plunging oil prices have dampened the confidence of … Continue reading

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

USDCAD Movement On Friday, the USD rose 0.19% against the CAD to close at 1.1863, after the US non-farm payrolls surprisingly increased above expectations in December. In economic news, Canada’s unemployment rate remained steady at previous month’s level of 6.6% … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.1841. In economic news, the new housing price index in Canada remained unchanged at 0.1% on a MoM basis in November, … Continue reading

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USD/CAD: Canadian Ivey PMI slid in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.1819, after the Fed minutes failed to provide any major boost to the greenback. In economic news, Canada’s Ivey PMI contracted … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD to close at 1.1837. Yesterday’s data showed that Canada’s raw material price index slid more than expected 5.8% on a monthly basis in November, … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.1763. In the Asian session, at GMT0400, the pair is trading at 1.1743, with the USD trading 0.17% lower from yesterday’s … Continue reading

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