USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0977. The Canadian Dollar rose after the Bank of Canada, in its business outlook survey for the first quarter, offered an … Continue reading →

USDCAD Movement On Friday, the USD declined 0.47% against the CAD to close at 1.0983. The Canadian Dollar advanced against its US counterpart after official data showed that the Canadian economy added 42,900 net new jobs in March, far more … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1037. However, the Canadian Dollar pared some its initial losses after data showed that Canada’s merchandise trade balance swung to a … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1033 as traders cheered an upbeat US factory orders data and a report by ADP which revealed that US private sector … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.1030. The Canadian Dollar gained ground after data revealed that the Canadian raw materials price index advanced by the most in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1053. Earlier during the day, the Canadian Dollar advanced after data showed that the Canada’s GDP rose 0.5% (MoM) in January, … Continue reading →

USDCAD Movement On Friday, the USD rose 0.22% against the CAD to close at 1.1055, as traders cheered the US personal spending and personal income data for February. In the Asian session, at GMT0300, the pair is trading at 1.1059, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD to close at 1.1031. However, the losses in the US Dollar were limited after a report showed that US annualised GDP rose at a … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.60% against the CAD to close at 1.1099. The US Dollar initially received support after data released indicated that the durable goods orders in the US rose more-than-expected … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.1166. Yesterday, the Bank of Canada (BoC) Deputy Governor, Tim Lane indicated that policymakers are tightening its rules to enable better … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.1198, following a downbeat US Markit manufacturing PMI data for March. In the Asian session, at GMT0400, the pair is trading … Continue reading →