USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.0871, amid lack of economic releases from the Canadian economy. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0858, as the recent batch of upbeat economic releases from the US economy increased demand of the US Dollar. In the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0857, reversing its Friday’s losses triggered by a slowdown in Canada’s month-on-month consumer inflation rate. In the Asian session, at GMT0300, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.0892. In economic news, Canadian retail sales unexpected dropped 0.1% (MoM) to C$41.07 billion in March, following two straight months of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0913, following the release of the Fed’s minutes from its policy meeting in April In the Asian session, at GMT0300, the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 1.0910, as the latter came under pressure after data showed that wholesale sales in Canada unexpectedly declined 0.4% (MoM) in March. … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.0874, in a subdued trading session, on account of Victoria Day holiday in Canada. In the Asian session, at GMT0300, the … Continue reading →

USDCAD Movement On Friday, the USD declined marginally against the CAD to close at 1.0870. In economic news, the Statistics Canada reported that foreign investors reduced their holdings in Canadian securities by C$1.23 billion while Canadian investors purchased C$7.88 billion … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0873. In Canada, the Bank of Canada (BoC) Deputy Governor, Lawrence Schembri, indicated that, in order to push inflation upward to … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0889. The Canadian Dollar posted gains yesterday, on the back of rise in commodity prices. Meanwhile, on the economic front, the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.0909. On Tuesday, the Bank of Canada (BoC), in its semi-annual review report, revealed that official agencies in Canada and the … Continue reading →