USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.99% against the CAD to close at 1.1322. The CAD traded on a stronger footing, after Canada’s manufacturing PMI remained steady at 12-month high reading of 55.3 in … Continue reading →

USDCAD Movement On Friday, the USD rose 0.73% against the CAD to close at 1.1423. In economic news, Canada’s GDP rebounded 0.4% on a monthly basis in September, at par with market expectations. The GDP had recorded a drop of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CAD to close at 1.1340. In economic news, Canada’s current account deficit slid to CAD 8.4 billion in 3Q 2014, from a revised deficit of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.1250. Yesterday, the IMF cautioned that Canada’s over-valued housing market and increasing household debt poses a great risk to the nation’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.1257. The CAD gained ground, after Canada’s retail sales rebounded more-than-expected 0.8% on a monthly basis in September, marking its first … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.1286, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.1290, with the … Continue reading →

USDCAD Movement On Friday, the USD declined 0.64% against the CAD to close at 1.1237. The CAD gained ground following upbeat inflation data from Canada. Canada’s consumer prices unexpectedly rose 0.1% on a monthly basis in October, beating market expectations … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD to close at 1.1310, reversing its previous session gains, after Canadian wholesale sales climbed 1.8% on a monthly basis in September, compared to a … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.1348. In the Asian session, at GMT0400, the pair is trading at 1.1349, with the USD trading a tad higher from … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CAD to close at 1.1303. Yesterday, the BoC Deputy Governor, Agathe Cote mentioned that the central bank was considering whether it should increase … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CAD to close at 1.1298. In economic news, Canada’s existing home sales advanced 0.7% on a monthly basis in October. It had recorded … Continue reading →