USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.1023. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz hinted the possibility for the Canadian economy to witness relatively cheap … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1032. On the economic front, retail sales in Canada rose 0.5% (MoM) for the second consecutive month in February to C$41.03 … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.1028. Yesterday, official data from Canada showed that wholesale sales in the nation rose 1.1% to C$50.67 billion, the largest increase … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the CAD to close at 1.1021, in a quiet holiday session. In the Asian session, at GMT0300, the pair is trading at 1.1020, with … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.1011. The Canadian Dollar lost ground after the Bank of Canada (BoC) kept its benchmark interest rate unchanged at 1.0% for … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0986, following the release of a strong US consumer inflation data for March. In Canada, data showed that manufacturing shipments in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.0968, despite robust retail sales data which rose at the fastest pace since September 2012. Meanwhile, the Loonie continued to gain … Continue reading →

USDCAD Movement On Friday, the USD rose 0.27% against the CAD to close at 1.0962, buoyed by the latest batch of upbeat economic releases from the US economy. Following the G-20 meeting, the Bank of Canada (BoC) Governor, Stephen Poloz … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.0934, benefited from an upbeat weekly US jobless claims data. Meanwhile, the Canadian Dollar lost ground even after Canada’s new housing … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.0881, following the release of the minutes from the Fed’s March 18-19 policy meeting, which dampened growing expectations that the Fed … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.0930. The Canadian Dollar gained ground, despite official reports revealing that the housing starts in Canada slipped to a seasonally adjusted … Continue reading →