On Friday, the USD rose 0.13% against the CAD to close at 1.0391. According to the Teranet and the National Bank of Canada, the composite house price index in Canada rose 1.0% (MoM) to a reading of 157.0 in … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 1.0378. On the Canadian economic front, the New Housing Price Index (NHPI) advanced 0.1% (MoM) in May, less than the market expectations … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 1.23% against the CAD to close at 1.0401, after the Federal Reserve Chairman, Ben Bernanke stated that the US needs “highly accommodative monetary policy” or low interest rates “for the … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.0537. The Loonie registered gains as Canadian housing starts dropped less than expected in June and following a rise in oil prices. Moreover, … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0563. In Canadian economic news, building permits surged 4.5% in May to a seasonally adjusted C$7.3 billion. Market had expected building permits … Continue reading →

  On Friday, the USD rose 0.52% against the CAD to close at 1.0579, after reports showed that the US employment data came in better than market expectations, while Canada’s job market stagnated in June In Canada, the unemployment rate … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.0524. In the Asian session, at GMT0300, the pair is trading at 1.0534, with the USD trading 0.10% higher from yesterday’s close. … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.0501. The Loonie registered gains following a rise in crude prices. Also, a decline in Canada’s international merchandise trade deficit to C$303 million … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.0552. In the Asian session, at GMT0300, the pair is trading at 1.0542, with the USD trading marginally lower from yesterday’s close. … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0501. In the Asian session, at GMT0300, the pair is trading at 1.0512, with the USD trading 0.10% higher from yesterday’s close. … Continue reading →

  On Friday, the USD rose 0.14% against the CAD to close at 1.0502. However, the losses in the Loonie were limited as the gross domestic product in Canada rose 0.1% (MoM) in April, matching market expectations. Meanwhile, Canada’s raw … Continue reading →