USDCAD Movement For the 24 hours to 23:00 GMT, the USD ticked up 0.43% against the CAD to close at 1.0541, after US economic data showed that second quarter US economic growth was revised higher. Meanwhile in Canada, current account … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0494. The greenback continues to hold on to gains against the CAD, as market participants continue to worry about a possible … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally eased against the CAD to close at 1.0494. The Canadian Dollar rose as prices of oil, Canada’s major export, soared on speculation that tensions in Syria might disrupt … Continue reading →

  For the 24 hours to 23:00 GMT, the USD ended mostly flat against the CAD to close at 1.0502, as tensions over Fed’s stimulus measures continued to weigh on the demand of the Loonie. On Friday, Bank of Canada … Continue reading →

  For the 24 hours to 23:00 GMT, the USD advanced 0.31% against the CAD to close at 1.0519. The Canadian Dollar came under pressure after an official report revealed that retail sales in Canada declined 0.6% (MoM) during June, … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CAD to close at 1.0487, after minutes from Fed’s latest policy meeting singled that policy-makers might begin tapering its bond purchase program later this year. The Loonie … Continue reading →

  For the 24 hours to 23:00 GMT, the USD advanced 0.46% against the CAD to close at 1.0396. The Lonnie came under pressure, after the Canada’s biggest export, oil slid amid speculation that the Fed might start tapering its … Continue reading →

  For the 24 hours to 23:00 GMT, the USD added 0.13% against the CAD to close at 1.0348, ahead of Federal Reserve’s meeting minutes, which would provide fresh hints on when the central bank would start altering its asset … Continue reading →

On Friday, the USD rose 0.21% against the CAD to close at 1.0325. The Canadian Dollar came under pressure, as manufacturing sales in Canada surprisingly dropped 0.5% (MoM) in June to C$48.2 billion, compared to a revised rise of 0.6% … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CAD to close at 1.0303. The Loonie was supported by a rise in crude oil prices. On the economic front, existing homes sales in Canada increased 0.2% … Continue reading →

For the 24 hours to 23:00 GMT, the USD fell 0.14% against the CAD to close at 1.0332. The growth sensitive, Canadian Dollar was boosted by news that second-quarter gross domestic product in the Euro zone grew 0.3% from the … Continue reading →