USDCAD Movement On Friday, the USD declined 0.27% against the CAD to close at 1.0663. In economic news, industrial product price index in the Canadian economy fell 0.5% (MoM) in May, following a 0.2% drop in April, while the raw … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.0692. In economic news, the Statistics Canada reported that average weekly earnings of Canadian non-farm payroll employees rose 3.3% (YoY) in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0723, as the latest batch of downbeat US economic releases weighed on the demand for the greenback. In the Asian session, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.0745. In the Asian session, at GMT0300, the pair is trading at 1.0750, with the USD trading marginally higher from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0731. In an interview with Bloomberg Television, Canadian Finance Minister, Joe Oliver, projected inflation rate in Canada “to be in the … Continue reading →

USDCAD Movement On Friday, the USD declined 0.60% against the CAD to close at 1.0755. The Canadian Dollar advanced after data showed that consumer inflation rate in Canada rose more-than-expected to 2.3% (YoY) in May, for the first time in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0820. Yesterday, the Statistics Canada reported that the ratio of household debt to personal disposable income in Canada dropped to 163.2% … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.0840. On the economic front, Canadian wholesale sales rose 1.2% (MoM) to C$51.2 billion, more than twice as fast as compared … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0861, after data showed that US consumer inflation rate rose at the fastest annual pace since October 2012 in May. In … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.0846. On the economic front, sales of existing homes in Canada jumped 5.9% in May, its largest month-over-month increase in nearly … Continue reading →

USDCAD Movement On Friday, the USD rose marginally against the CAD to close at 1.0857. The latter came under pressure after data showed that manufacturing sales in Canada unexpectedly declined 0.1% (MoM) in April to $50.9 billion, for the first … Continue reading →