USD/CAD: Loonie advanced amid rising commodities

  For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0253. The commodity-sensitive loonie recorded gains amid a sharp rise in oil and copper prices. Yesterday, the Bank of Canada Governor, Mark … Continue reading

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USD/CAD: Canadian retail sales increased in February

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0271. The Canadian Dollar fell after economic data from Europe and China indicated that the global economic growth is slowing, undermining demand … Continue reading

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USD/CAD: Canadian Dollar trading lower this morning

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0259. In the Asian session, at GMT0300, the pair is trading at 1.0275, with the USD trading 0.16% higher from yesterday’s close. The … Continue reading

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USD/CAD: Canadian Dollar starts on a positive note this morning

  On Friday, the USD rose marginally against the CAD to close at 1.0264. On the Canadian economic front, the consumer price index (CPI) rose 1.0% (MoM) in March, while the annual core CPI climbed 1.4% in March. Moreover, wholesale … Continue reading

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USD/CAD: Canadian inflation data awaited

  For the 24 hours to 23:00 GMT, the USD fell marginally against the CAD to close at 1.0258. In the Asian session, at GMT0300, the pair is trading at 1.0245, with the USD trading 0.13% lower from yesterday’s close. … Continue reading

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USD/CAD: Loonie retreated after BoC lowered growth outlook; trading higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 1.0265. The Loonie came under pressure after the Bank of Canada’s (BoC) monetary policy committee voted to maintain its overnight borrowing rate … Continue reading

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USD/CAD: Loonie surrenders gains ahead of the BoC’s interest rate decision

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0219. Yesterday, the seasonally adjusted manufacturing sales in Canada rose 2.6% (MoM) to C$49.6 billion in February, compared to a revised decline … Continue reading

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USD/CAD: Loonie slipped amid lower oil prices; trading higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.0232, as a slump in oil prices pressured the Canadian Dollar and as the greenback continued to be lifted on the back … Continue reading

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USD/CAD: Loonie softened on disappointing US economic data

On Friday, the USD rose 0.34% against the CAD to close at 1.0138, as a grim consumer sentiment reading and poor retail sales data in the US, Canada’s largest trading partner, took a toll on investor risk appetite. In the … Continue reading

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USD/CAD: Canadian new house prices increased as expected in February

  For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD to close at 1.0103. The new housing price index in Canada rose 0.2% (MoM) in February, in-line-with-market-expectations and following a 0.1% increase recorded in the … Continue reading

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USD/CAD: House prices data awaited; trading tad lower this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0149. In the Asian session, at GMT0300, the pair is trading at 1.0151, with the USD trading marginally higher from yesterday’s close. … Continue reading

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