USD/CAD: Loonie continues to move northwards in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0245. The Canadian Dollar was bolstered as retail sales in Canada climbed 1.0% in January to C$38.9 billion, compared to a downwardly … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie gained as Fed maintained asset-purchase program

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0257. The Canadian Dollar registered gains after the Federal Reserve indicated to maintain its stimulus measures, raising growth expectations in the Canada’s … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie declined as manufacturing data disappointed investors

  For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD to close at 1.0270. The Loonie came under pressure after Canada’s manufacturing data disappointed investors, whereas US building permits increased higher-than-expected in February. In economic … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Canadian foreign securities purchases hit a four-month high

  For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0224. On the economic front, the foreign securities purchases hit a four-month high, as a report by Statistics Canada indicated that non-residents … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie trading lower this morning

  On Friday, the USD declined 0.25% against the CAD to close at 1.0195. The greenback fell after disappointing economic data in the US sparked profit taking ahead of an upcoming Federal Reserve policy meeting. In the Asian session, at … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie moved northwards tracking commodity prices, positive Canadian data

  For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.0223. The Canadian dollar registered gains on the back of higher commodity prices and positive Canadian economic data. In economic news, Statistics … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie reverses previous session losses

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.0280, bolstered by well-received business inventories and retail sales data in the US, which suggested that the nation’s economy is strengthening. In … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie trading almost flat this morning

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0261. The Canadian Dollar registered slight gains as oil prices rose and as the Bank of Canada Governor, Mark Carney reiterated to … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie trading flat this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0267. In the Asian session, at GMT0400, the pair is trading at 1.0267, with the USD trading flat from yesterday’s close. The … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie advanced on positive employment figures

  On Friday, the USD declined 0.13% against the CAD to close at 1.0284. The Loonie recorded gains after Canada’s employment surged more than market expectations in February on gains by service industries, keeping the jobless rate at a four-year … Continue reading

Posted in USD/CAD | Leave a comment

USD/CAD: Loonie rose on positive Canadian trade data

  For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.0296. The Canadian Dollar registered gains after Canada’s merchandise trade deficit narrowed to C$237 million in January, from an upwardly revised deficit … Continue reading

Posted in USD/CAD | Leave a comment