USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0897. In the Asian session, at GMT0300, the pair is trading at 1.0900, with the USD trading slightly higher from yesterday’s … Continue reading →

USDCAD Movement On Friday, the USD rose 0.62% against the CAD to close at 1.0899 after the Canadian economy surprisingly lost 28,900 jobs in April, following a big gain of 42,900 in March and compared to analysts’ call for an … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD to close at 1.0832. The Canadian Dollar advanced after annual housing starts in Canada surged by 24.0% to a seasonally adjusted 194,809 units in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD to close at 1.0900, as Fed Chief, Janet Yellen’s upbeat outlook on the US economic recovery benefited the US Dollar while an unexpected fall … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD to close at 1.0893. In economic news, Canada’s merchandised trade surplus narrowed to C$79.0 million in March, compared to C$847.0 million of surplus recorded … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0960. In the Asian session, at GMT0300, the pair is trading at 1.0958, with the USD trading a tad lower from … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0966. The Canadian Dollar came under pressure after the RBC Canadian manufacturing purchasing managers’ index eased to a seasonally adjusted reading … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0965, benefitting from a strong US ADP employment data and the Fed’s decision to taper its QE package by $10 billion. … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD to close at 1.0949. Yesterday, the BoC Governor, Stephen Poloz, in his testimony before the Commons Finance Committee, expressed concerns on the recent slowdown … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.1025, despite the release of upbeat US pending home sales and Dallas Fed manufacturing data. In the Asian session, at GMT0300, … Continue reading →

USDCAD Movement On Friday, the USD rose 0.16% against the CAD to close at 1.1041, ahead of a busy week. In the Asian session, at GMT0300, the pair is trading at 1.1035, with the USD trading slightly lower from Friday’s … Continue reading →