USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0714. On the macro front, the Teranet and National Bank of Canada reported that housing price index in Canada on a … Continue reading →

USDCAD Movement On Friday, the USD rose 0.74% against the CAD to close at 1.0730. The Loonie lost ground after disappointing jobs data from Canada and as crude prices declined. The unemployment rate rose to 7.1% in June, the highest … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0651. On the macro front, new housing price index in Canada advanced 1.5% in May on an annual basis, compared to … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0653. The Canadian Dollar traded higher, on the back of stronger than expected figures for Canadian housing starts data. The housing … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD to close at 1.0683. Yesterday, leading ratings agency, Moody’s Investors Service downgraded its outlook on the Canadian banking system, citing the government’s unwillingness to … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD to close at 1.0683. The Canadian Dollar lost momentum, after the release of largely disappointing data from Canada. The Ivey PMI reading unexpectedly retreated … Continue reading →

USDCAD Movement On Friday, the USD rose 0.16% against the CAD to close at 1.0657. In the Asian session, at GMT0300, the pair is trading at 1.0663, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.0640. The Canadian Dollar found support after the nation posted a narrower-than-expected trade deficit to C$152 million from the revised C$961 … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 1.0667. In economic releases, the RBC Canadian manufacturing purchasing managers’ index rose to a six-month high reading of 53.5 in June, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0633, amidst a public holiday in Canada. In the Asian session, at GMT0300, the pair is trading at 1.0641, with the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD to close at 1.0672. The Canadian Dollar lost ground after data showed that the Canadian economy expanded 0.1% (MoM) in April, failing to meet … Continue reading →