USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.1054, following dismal economic data from the US. The CAD gained ground after Canada’s existing home sales climbed 1.8%, on a … Continue reading →

USDCAD Movement On Friday, the USD rose 0.52% against the CAD to close at 1.1093. In economic news, the Teranet/National Bank house price index in Canada registered a rise of 0.8%, on a monthly basis, in August. The index had … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.83% against the CAD to close at 1.1036. The CAD lost ground, after the nation’s new housing price index remained flat, on a monthly basis in July, lower … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.0945. The Canadian Dollar gained ground after the capacity utilization of the nation rose to 82.7%, a 7-year high in 2Q … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CAD to close at 1.0979. The Canadian Dollar came under pressure, as housing starts in Canada fell more than expected, dropping 192,400 units in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.85% against the CAD to close at 1.0978 despite better than expected housing market data in Canada. In economic news, building permits in Canada, recorded an unexpected rise … Continue reading →

USDCAD Movement On Friday, the USD is trading flat against the CAD to close at 1.0882. In economic news, Canada’s unemployment rate in August remained unchanged from the previous month at 7.0%. However, the number of people employed in the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0882. In economic news, the Canadian international merchandise trade surplus widened to C$2.58 billion in July, higher than market expectations of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0888. In economic news, the BoC left its benchmark rates unchanged in August, at 1%, in line with market expectations. Additionally, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD to close at 1.0928. On the macro front, Canada’s manufacturing sector gained momentum after the nation’s manufacturing PMI climbed to a level of 54.8 … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.0872. In the Asian session, at GMT0300, the pair is trading at 1.0894, with the USD trading 0.2% higher from … Continue reading →