USD/CAD: Loonie reverses its gain in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0913, following poor retail sales data from the US. In economic news, the Teranet/National Bank house price index registered a rise … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0926. In the Asian session, at GMT0300, the pair is trading at 1.0925, with the USD trading tad lower from yesterday’s … Continue reading

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USD/CAD: Canadian housing starts continue its upward trend in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.0928. CAD gained ground after Canada’s housing starts rose unexpectedly for a fourth straight monthly, as the seasonally adjusted annual rate … Continue reading

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USD/CAD: Loonie trading lower as labour force participation falls to a 13-year low

USDCAD Movement On Friday, the USD rose 0.37% against the CAD to close at 1.0971, after the Canadian labour market continued to disappoint with only 200 new jobs added during July. Market had expected an addition of around 24K jobs … Continue reading

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USD/CAD: Loonie continues with its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD gained 0.12% against the CAD to close at 1.0931. In economic news, the seasonally adjusted Ivey Purchasing Managers’ Index in Canada advanced at the fastest pace in three months … Continue reading

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USD/CAD: Canadian trade surplus notched a two and a half year high level in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD to close at 1.0918. In economic news, Canada’s merchandise trade balance recorded an unexpectedly large trade surplus of C$1.86 billion, compared to a surplus … Continue reading

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USD/CAD: Loonie continues with its fall in Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0962. In the Asian session, at GMT0300, the pair is trading at 1.0964, with the USD trading a tad higher from … 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 declined 0.16% against the CAD to close at 1.0908. In the Asian session, at GMT0300, the pair is trading at 1.0909, with the USD trading tad higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading tad higher in the Asian session

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.0925. Canada reported a rise in its manufacturing PMI. The nation reported a reading of 54.3 in July, compared to a reading of 53.5 a month … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session despite upbeat GDP data from Canada

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0906. The Canadian Dollar lost ground despite Canada’s economic growth data registering its fifth monthly rise, expanding 0.4% (MoM) in May … Continue reading

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USD/CAD: Loonie trading tad higher ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0905 after the Fed’s upbeat assessment of the US economy. In economic news, the industrial product price index in Canada unexpectedly … Continue reading

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