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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.1267, after retail sales in the US deteriorated in September. In economic news, Canada’s existing home sales eased 1.4% in September … 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 rose 0.96% against the CAD to close at 1.1302. Yesterday, the Canadian Finance Minister Joe Oliver stated that the subdued growth along with deflation threats in the Euro-zone would … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CAD to close at 1.1195. In the Asian session, at GMT0300, the pair is trading at 1.1198, with the USD trading marginally higher … Continue reading

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USD/CAD: Canada’s unemployment rate fell to a 6-year low

USDCAD Movement On Friday, the USD rose 0.23% against the CAD to close at 1.1212. In economic news, Canada’s unemployment rate unexpectedly dropped to 6.8% in September, registering its lowest level in nearly six years, compared to a level of … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s jobless rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD to close at 1.1186. In economic news, the new house price index in Canada advanced 0.3% on a monthly basis in August, marking its … 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 declined 0.45% against the CAD to close at 1.1107. On the macro front, Canada’s housing starts rose to 197.3 K in September, lower than market expectations to advance to … Continue reading

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USD/CAD: Loonie trading weaker ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.1157. The Canadian Dollar lost ground after Canada’s building permits eased 28.3% on a monthly basis in August, more than market … Continue reading

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USD/CAD: Loonie reverses its gains this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.07% against the CAD to close at 1.1142. The CAD gained ground after Canada’s Ivey PMI surprisingly advanced to 58.6 in September, marking its highest level since October … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s Ivey PMI data

USDCAD Movement On Friday, the USD rose 0.90% against the CAD to close at 1.1258. The CAD lost ground after Canada reported an international merchandise trade deficit of CAD 0.61 billion in August, from a revised surplus of CAD 2.2 … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.1158. In the Asian session, at GMT0300, the pair is trading at 1.1171, with the USD trading 0.12% higher from … 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 0.34% against the CAD to close at 1.1162. The Canadian Dollar gained ground after Canada’s manufacturing PMI advanced to 53.5 in September, compared to a reading of 54.8 … Continue reading

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