USD/CAD: Loonie trading marginally lower in the Asian trading hours

USDCAD Movement On Friday, the USD declined 0.49% against the CAD to close at 1.0618. In the Asian session, at GMT0400, the pair is trading at 1.0623, with the USD trading slightly higher from Friday’s close. The pair is expected … Continue reading

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USD/CAD: Loonie pares its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.0670, as the latest batch of strong US economic releases spurred demand for the US Dollar. A decline in the prices … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.0647. The US Dollar continued its upward trend yesterday, as data released on Tuesday indicated that the US consumer confidence bounced … 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 declined 0.60% against the CAD to close at 1.0645, after data showed that pending home sales in the US rose less-than-expected in November. In the Asian session, at GMT0400, … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement On Friday, the USD rose 0.51% against the CAD to close at 1.0704. In the Asian session, at GMT0400, the pair is trading at 1.0710, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.0650, following upbeat jobless claims data. In the Asian session, at GMT0400, the pair is trading at 1.0634, with the USD … Continue reading

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USD/CAD: Canadian GDP beats estimates in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.0616. The Canadian Dollar traded broadly higher yesterday, after data indicated that the Canadian economy grew 0.3% in October, the fourth … Continue reading

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USD/CAD: Loonie trading higher ahead of domestic GDP data

USDCAD Movement On Friday, the USD marginally declined against the CAD to close at 1.0672. However, the US Dollar capped its losses, following a report that showed the final US gross domestic product (GDP) unexpectedly accelerated in the third quarter. … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.0673. The US Dollar lost momentum, after the number of Americans filing new claims for unemployment benefits rose last week to … Continue reading

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USD/CAD: Decline in Loonie would not help struggling exports, Stephen Poloz

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CAD to close at 1.0718, after the outcome of the Federal Open Market Committee (FOMC) meeting, wherein the Federal Reserve gave the green signal to … Continue reading

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USD/CAD: Loonie trading higher ahead of the Fed outcome

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD to close at 1.0604. On the macro front, the Statistics Canada reported that the manufacturing shipments in Canada rose 1.0% on a monthly basis … Continue reading

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