USD/CAD: Loonie trading higher ahead of the Canadian GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CAD to close at 1.1193, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1.1191, with … Continue reading

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USD/CAD: Canada’s economic growth at risk if low oil prices persists said the BoC’s Governor

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.1187. Yesterday, the BoC Governor, Stephen Poloz warned that if oil prices continue to fall the central bank would be forced … Continue reading

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USD/CAD: Loonie extends its gains ahead of the BoC’s Governor speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CAD to close at 1.1170, following downbeat durable goods orders data from the US. In the Asian session, at GMT0400, the pair is trading at … 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 0.16% against the CAD to close at 1.1253. In the Asian session, at GMT0400, the pair is trading at 1.1243, with the USD trading 0.09% lower from yesterday’s … Continue reading

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

USDCAD Movement On Friday, the USD traded a tad higher against the CAD to close at 1.1233. In the Asian session, at GMT0400, the pair is trading at 1.1224, with the USD trading 0.08% lower from Friday’s close. The pair … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.1227. In the Asian session, at GMT0300, the pair is trading at 1.1221, with the USD trading a tad lower from … Continue reading

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USD/CAD: The BoC held its interest rates steady at 1.0%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD to close at 1.1239. The Canadian Dollar lost ground, after Canada’s retail sales unexpectedly eased 0.3% on a monthly basis in August, lower than … Continue reading

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USD/CAD: Loonie trading higher, ahead of the BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.1229. In the Asian session, at GMT0300, the pair is trading at 1.122, with the USD trading 0.08% lower 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 traded a tad lower against the CAD to close at 1.1289. On the macro front, Canada’s wholesale sales unexpectedly advanced 0.2% on a monthly basis in August, compared to … Continue reading

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USD/CAD: Canada’s CPI in line with the BoC’s expectations

USDCAD Movement On Friday, the USD rose 0.18% against the CAD to close at 1.1277, following encouraging economic data from the US. On the macro front, the consumer price index in Canada advanced 0.1% on a monthly basis in September, … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.1257. On the macro front, Canada’s manufacturing shipments eased 3.3% on a monthly basis in August, registering its fastest decline since … Continue reading

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