On Friday, the USD rose 0.42% against the CAD to close at 1.0114. The unemployment rate in Canada came in unchanged at 7.2% in April, and in line with market expectations. Meanwhile, the number of people employed rose less-than-expected … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.0072. The Canadian Dollar came under pressure, after new house prices in Canada rose 0.2% (YoY) in March, slower than the 2.1% … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0030. On a seasonally adjusted annual basis, housing starts in Canada dropped to a level of 174.9K units in April, from a … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD to close at 1.0053. In the Asian session, at GMT0300, the pair is trading at 1.0053, with the USD trading flat from yesterday’s close. The … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0069. The Canadian building permits increased more-than-expected by 8.6% (MoM) in March, following a revised 1.5% growth recorded in the previous month. … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD to close at 1.0109. On economic front, Canada’s international merchandise trade balance swung to a surplus of C$24 million in March as compared to a … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0073. Yesterday, the Bank of Canada Governor, Mark Carney, stated that for central banks to be effective they must be absolutely transparent about … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.51% against the CAD to close at 1.0068. The Loonie registered gains as the Canadian economy expanded more than market expectations in February. Canada’s gross domestic product (GDP) increased … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD to close at 1.0121. The loonie recorded gains on rising oil prices and broad weakening in the US Dollar. In the Asian session, at GMT0300, the … Continue reading →

  On Friday, the USD declined 0.32% against the CAD to close at 1.0170. In the Asian session, at GMT0300, the pair is trading at 1.0152, with the USD trading 0.18% lower from Friday’s close. The pair is expected to … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CAD to close at 1.0203. The Loonie registered gains as a spike in metal and oil prices lifted the commodity currency. In the Asian session, at … Continue reading →