USD/CAD: Loonie continues to trade lower against the USD

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.0371. In the Asian session, at GMT0300, the pair is trading at 1.0380, with the USD trading 0.09% higher from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading below its MA’s

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0351. In the Asian session, at GMT0300, the pair is trading at 1.0337, with the USD trading 0.14% lower from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s unemployment rate stood at 6.5% in September

USDCAD Movement On Friday, the USD declined 0.64% against the CAD to close at 1.0344. The Canadian Dollar gained ground against its US counterpart after data showed that unemployment rate in Canada stood at 6.5% in September, defying market expectation … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading higher with domestic employment data in focus

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0411. In economic news, a report from Canada showed that the nation’s new housing price index rose 0.1% (MoM) during August, … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie extends its fall in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.0395, as indication from the FOMC’s minutes, that the policymakers might start tapering its asset purchase programme later during the year, … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canadian trade deficit expanded for the second month in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD to close at 1.0356. The Canadian Dollar faced a sell off after an official report showed that the nation’s trade deficit expanded to a … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.0314. The Canadian Dollar gave up ground against its US counterpart after data showed that building permits in Canada declined 21.2% … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement On Friday, the USD declined 0.28% against the CAD to close at 1.0299. The Canadian Dollar gained ground against the greenback after data showed that the Ivey purchasing manufacturing index soared to a level of 59.4 in September, … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading marginally lower ahead of Ivey PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0330. In the Asian session, at GMT0300, the pair is trading at 1.0329, with the USD trading tad lower from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.0327, as a government shut in the US spooked investors’ confidence. Earlier on Tuesday, the Bank of Canada Senior Deputy Governor, … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.0340. In the Asian session, at GMT0300, the pair is trading at 1.0344, with the USD trading marginally higher from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off