USD/CAD: Canada’s unemployment rate unexpectedly advanced in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD and closed at 1.3264 on Friday. On the macro front, Canada’s unemployment rate unexpectedly rose to 5.9% in November, defying market expectations of an … Continue reading

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USD/CAD: Canada’s Ivey PMI rose to a 3-month high level in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3180. In economic news, Canada’s seasonally adjusted Ivey PMI advanced to a 3-month high level of 60.0 in November, surpassing market … Continue reading

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USD/CAD: BoC kept its key interest rates unchanged at 1.75%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.75% against the CAD and closed at 1.3194. The Bank of Canada (BoC), in its latest monetary policy meeting, left its key interest rate unchanged at 1.75%, as … Continue reading

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USD/CAD: Loonie trading higher, ahead of BOC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD and closed at 1.3294. In the Asian session, at GMT0400, the pair is trading at 1.3287, with the USD trading 0.05% lower against the … Continue reading

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USD/CAD: Canada’s manufacturing PMI advanced in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3307. Data showed that Canada’s manufacturing PMI rose to a level of 51.4 in November, amid growth in production and new … Continue reading

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USD/CAD: Canada’s economy slowed sharply in the third quarter

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3279 on Friday. Data indicated that Canada’s annualised gross domestic product (GDP) grew 1.3% on a quarterly basis in the third … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3282. In the Asian session, at GMT0400, the pair is trading at 1.3288, with the USD trading 0.05% higher against the … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CAD and closed at 1.3281. In the Asian session, at GMT0400, the pair is trading at 1.3292, with the USD trading 0.08% higher against the … Continue reading

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USD/CAD: Loonie trading slightly lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD and closed at 1.3274. In the Asian session, at GMT0400, the pair is trading at 1.3278, with the USD trading a tad higher against … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3301. In the Asian session, at GMT0400, the pair is trading at 1.3309, with the USD trading 0.06% higher against the … Continue reading

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USD/CAD: Canada’s retail sales declined for the first time in three months in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3296 on Friday. On the macro front, Canada’s retail sales fell 0.1% on a monthly basis in September, declining for the … Continue reading

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