USDCAD Movement On Friday, the USD rose 0.24% against the CAD to close at 1.0615. In economic news, Canada’s annualized gross domestic product (GDP) rose 2.7% (QoQ) in the third quarter, more than analysts’ call for a 2.5% rise and … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0588 in a Thanks-giving holiday trading session. In Canada, an official report revealed that the nation’s current account deficit narrowed to … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.0594, following upbeat jobless claims and consumer confidence data released in the US yesterday. Meanwhile, decline in crude oil prices, Canada’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.0544. The Canadian Dollar gave up ground against its US counterpart after prices of crude oil, Canada’s biggest export, declined yesterday. … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0525. In the Asian session, at GMT0400, the pair is trading at 1.0534, with the USD trading 0.09% higher from yesterday’s … Continue reading →

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.0538. On the economic front, Canada’s consumer price index rose 0.7% (YoY) in October, lesser than market expectation for a 0.9% rise and compared to previous … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.60% against the CAD to close at 1.0521. In the Asian session, at GMT0400, the pair is trading at 1.0545, with the USD trading 0.23% higher from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD ended mostly flat against the CAD to close at 1.0457. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, expressed his disagreement on Organization for Economic Co-operation and Development … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.0457. Yesterday, the Bank of Canada (BoC) Deputy Governor, John Murray stated that the central bank is committed to stay focused … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0434. The Canadian Dollar advanced against its US counterparts, as investors’ appetite for risk-taking increased after a report showed that foreign … Continue reading →

USDCAD Movement On Friday, the USD declined 0.17% against the CAD to close at 1.0452. The Canadian Dollar advanced after a report showed that manufacturing shipment in Canada rose 0.6% (MoM) in September, more than analysts’ expectation for a 0.5% … Continue reading →