USD/CAD: Canada’s economy contracted in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3147. Data indicated that Canada’s gross domestic product (GDP) unexpectedly fell by 0.1% on a monthly basis in October, registering its … Continue reading

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USD/CAD: Canada’s retail sales unexpectedly fell in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3159 on Friday. The Canadian dollar declined against the US dollar, amid fears that disappointing economic data releases could force the … Continue reading

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USD/CAD; Loonie extends its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3126. In the Asian session, at GMT0400, the pair is trading at 1.3133, with the USD trading 0.05% higher against the … Continue reading

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USD/CAD: Canada’s consumer price index advanced in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3116. Data showed that Canada’s consumer price index (CPI) rose 2.2% on an annual basis in November, at par with market … Continue reading

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USD/CAD: Canada’s manufacturing sales eased in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3160. Data revealed that Canada’s manufacturing sales declined 0.7% on a monthly basis in October, following a drop of 0.2% in … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3164. In the Asian session, at GMT0400, the pair is trading at 1.3165, with the USD trading marginally higher against the … 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 0.22% against the CAD and closed at 1.3190 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3171, with the USD trading 0.14% lower … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3163. In the Asian session, at GMT0400, the pair is trading at 1.3158, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Loonie trading on a positive footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3174. In the Asian session, at GMT0400, the pair is trading at 1.3164, with the USD trading 0.08% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3233. In the Asian session, at GMT0400, the pair is trading at 1.3234, with the USD trading slightly higher against the … Continue reading

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USD/CAD: Canada’s housing starts rose below expectations in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3242. Data showed that Canada’s housing starts advanced to a level of 201.3K in November, less than market consensus for a … Continue reading

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