USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.0855, following the release of soft US retail sales and weekly jobless claims data. Meanwhile, a rise in oil prices supported … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD to close at 1.0867, amid broad gains in commodity prices. In a noteworthy event, Moody’s Investors Service slashed its “Stable” outlook on some of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0900. In the Asian session, at GMT0300, the pair is trading at 1.0896, with the USD trading marginally lower 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 1.0907. On the economic front, annual housing starts in Canada rose more-than-expected 0.8% to a seasonally adjusted seven-month high level of … Continue reading →

USDCAD Movement On Friday, the USD rose 0.12% against the CAD to close at 1.0934, as the loonie came under pressure after data showed that Canada’s unemployment rate unexpectedly rose to 7.0% in May, as full-time employment fell by 29,100. … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD to close at 1.0921. On the economic front, building permits in Canada rose 1.1% (MoM) for the first time in three months in April … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CAD to close at 1.0946, as the Canadian Dollar came under pressure after the Bank of Canada (BoC) kept its interest rate unchanged at 1.0% … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.0912. In the Asian session, at GMT0300, the pair is trading at 1.0933, with the USD trading 0.19% higher from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0900. In the Asian session, at GMT0300, the pair is trading at 1.0898, with the USD trading marginally lower from yesterday’s … Continue reading →

USDCAD Movement On Friday, the USD rose 0.07% against the CAD to close at 1.0847, as the Canadian Dollar lost ground after data showed that growth in the Canadian economy contracted more-than-expected 1.2% in the first quarter of 2014, the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.0839. In economic news, Canada posted a current account deficit of C$12.4 billion in the first quarter of 2014, the lowest … Continue reading →