USD/CAD: Canada’s monthly consumer inflation came in better than market expectations for February

USDCAD Movement On Friday, the USD declined 0.29% against the CAD to close at 1.1209. The Canadian Dollar advanced against its US counterpart as the latest batch of upbeat economic data from the Canadian economy dampened speculations for an interest … Continue reading

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USD/CAD: Loonie trading tad lower ahead of Canada’s consumer inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.1242. In the Asian session, at GMT0400, the pair is trading at 1.1245, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.03% against the CAD to close at 1.1243. The Canadian Dollar was weighed down by the growing speculation that the Fed’s decision to scale back its stimulus package … Continue reading

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USD/CAD: Loonie trading above its MA’s

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CAD to close at 1.1128, after a report showed that the number of building permits issued in the US rose more than expected to a … Continue reading

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USD/CAD: Loonie extends its gains in the Asian trading hours

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD to close at 1.1061, as a soft New York Empire State manufacturing index report and concerns on the economic repercussion of an earthquake in … Continue reading

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USD/CAD: Loonie trading tad higher in the morning session

USDCAD Movement On Friday, the USD rose 0.18% against the CAD to close at 1.1098. However, gains were capped after data revealed that the preliminary Thomson Reuters/University of Michigan Consumer Sentiment Index declined to its lowest level since November in … Continue reading

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USD/CAD: Canada’s new housing price index rose the most in 20-months in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.1079, despite data indicating that the retail sales in the US advanced in February for the first time in three months, … Continue reading

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USD/CAD: Loonie trading below its MA’s

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD to close at 1.1119. In Canada, the Teranet/National Bank composite house price index rose 0.3% (MoM) in February, following a 0.4% increase registered in … Continue reading

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USD/CAD: Loonie trading tad lower amid lack of major economic releases from Canada

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.1110. In the Asian session, at GMT0400, the pair is trading at 1.1114, with the USD trading slightly higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.1117. The Canadian Dollar lost momentum, despite data indicating that the Canadian housing starts rose to 192,100 units in February, more … Continue reading

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USD/CAD: Unemployment rate in Canada came in unchanged at 7.0% in February

USDCAD Movement On Friday, the USD rose 0.99% against the CAD to close at 1.1097. The Canadian Dollar lost ground against the US Dollar after an official data from Canada showed that the number of employed people in the economy … Continue reading

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