USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.10% against the CAD to close at 1.1074, following the release of the minutes from the Fed’s latest policy meeting, which indicated the policymaker’s stance for a continuation … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0954. In economic news, Statistics Canada reported that foreign portfolio investment in Canadian securities unexpectedly declined by C$4.28 billion in December, … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0957. In the Asian session, at GMT0400, the pair is trading at 1.0955, with the USD trading tad lower from yesterday’s … Continue reading →

USDCAD Movement On Friday, the USD declined 0.06% against the CAD to close at 1.0971. In Canada, manufacturing shipments unexpectedly declined 0.9% (MoM) in December, compared to a 0.5% (MoM) increase witnessed in the previous month. Another report revealed that … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0979, following dismal US retail sales and initial jobless claims data. In Canada, the new housing price index rose 0.1% on … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0997. Yesterday, Canadian Finance Minister, Jim Flaherty, hinted that the government would mull the prospect of adding some stimulus to the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.1012. In the Asian session, at GMT0400, the pair is trading at 1.0999, with the USD trading 0.12% lower from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.1058. The Canadian Dollar gave up ground against the US Dollar after data showed that, on a seasonally adjusted annual basis, … Continue reading →

USDCAD Movement On Friday, the USD declined 0.29% against the CAD to close at 1.1038, hurt by a lacklustre US non-farm payrolls data for January. Meanwhile, the Canadian Dollar benefitted from an official data which showed that the Canadian economy … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.1070. The Canadian Dollar gained momentum despite data indicating that the international merchandised trade deficit in Canada unexpectedly widened for a … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.1080, following a weak ADP private sector employment data in January. On the economic front, the Statistics Canada reported that building … Continue reading →