USD/CAD: Loonie loses ground this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.0851, after consumer confidence in the US surged to its highest level since 2007 in July. Yesterday, a survey by the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.0800. In the Asian session, at GMT0300, the pair is trading at 1.0803, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading above its MA’s

USDCAD Movement On Friday, the USD rose 0.60% against the CAD to close at 1.0810 following upbeat durable goods orders data from the US. In the Asian session, at GMT0300, the pair is trading at 1.0813, with the USD trading … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0745. The Canadian Dollar lost ground after investor sentiment in the nation dented following the Canadian government’s decision to impose further … Continue reading

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USD/CAD: Loonie trading above its MA’s

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0730. The Canadian Dollar gained ground after a report indicated that retail sales in Canada rose for a second straight month … Continue reading

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USD/CAD: Loonie trading below its MA’s

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 1.0741. The US Dollar was aided by upbeat inflation and home sales data from the US. In the Asian session, at … Continue reading

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USD/CAD: Loonie trading tad lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0741. In the Asian session, at GMT0300, the pair is trading at 1.0743, with the USD trading tad higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading on a high ground on the back of upbeat CPI data from Canada

USDCAD Movement On Friday, the USD declined 0.23% against the CAD to close at 1.0739. The Canadian Dollar strengthened after the consumer price index on a yearly basis rose at its fastest pace in more than two years. Official data … Continue reading

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USD/CAD: Loonie on a higher footing ahead of Canadian CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.0764. On the macro front, data released indicated that the foreign investors have remained net buyers of C$21.43 billion worth of … Continue reading

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USD/CAD: BoC maintained interest rate at 1.0%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0740. Yesterday, the Bank of Canada in its monthly monetary policy meeting held its benchmark interest rate steady at 1%. The … Continue reading

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USD/CAD: Loonie loses ground ahead of the BoC policy meeting

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.0757. On the macro front, existing home sales in Canada increased 0.8% in June, on a monthly basis, as compared to … Continue reading

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