USDCAD Movement On Friday, the USD declined 0.79% against the CAD to close at 1.1283. On the macro front, Canada’s manufacturing shipments climbed 2.1% on a monthly basis in September, compared to a revised drop of 3.5% in the prior … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.1373. The CAD lost ground, after Canada’s new housing price index rose 0.1% on a monthly basis in September, slower than … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.1319. On the macro front, the Teranet/National Bank of Canada indicated that Canada’s house price index advanced 0.20% on a monthly … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.1339. In the Asian session, at GMT0400, the pair is trading at 1.1345, with the USD trading a tad higher from … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD to close at 1.1376. The CAD came under pressure after Canada’s housing starts unexpectedly fell to a level of 183.6 K units in October, … Continue reading →

USDCAD Movement On Friday, the USD declined 0.81% against the CAD to close at 1.1333, following dismal non-farm payrolls data recorded by the US. The Canadian Dollar gained ground after Canada’s unemployment rate unexpectedly registered a drop for the second … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.1426. The CAD traded on a weaker footing, after Canadian Ivey PMI on a seasonally adjusted basis dropped to a 2-month … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.1395, following dismal ISM non-manufacturing PMI data registered by the US. Yesterday, Statistics Canada reported that the Canadian economy grew … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD to close at 1.1400. On the macro front, Canada registered an international merchandise trade surplus of CAD 0.71 billion in September, compared to a … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CAD to close at 1.1353. On the macro front, Canadian RBC manufacturing PMI surged to 11-month high mark of 55.3 in October, up from a … Continue reading →

USDCAD Movement On Friday, the USD rose 0.69% against the CAD to close at 1.1270. The Canadian Dollar came under pressure after Canada’s monthly GDP unexpectedly contracted 0.1% in August, registering its first drop since December 2013 and following no … Continue reading →