USD/CAD: Disappointing Canadian wholesale sales cast shadow on the local currency

  For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.0119. The Canadian Dollar weakened as a drop in Canadian wholesale sales in December added to concerns over the outlook for the … Continue reading

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USD/CAD: Loonie trading almost flat this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 1.0108. In the Asian session, at GMT0400, the pair is trading at 1.0108, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/CAD: Disappointing Canadian manufacturing data cast a shadow on the local currency

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.58% against the CAD to close at 1.0068. The Canadian Dollar staged a sharp decline against the US Dollar on Friday, after weaker-than-forecast Canadian manufacturing sales data added … Continue reading

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USD/CAD: Loonie trading higher this morning, Canadian manufacturing shipments data awaited

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0011. In the Asian session, at GMT0400, the pair is trading at 1.0004, with the USD trading marginally lower from yesterday’s close, … Continue reading

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USD/CAD: Trading flat this morning

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0016. In the Asian session, at GMT0400, the pair is trading at 1.0016, with the USD trading flat from yesterday’s close. The … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD to close at 1.0017. In testimony before the House of Commons Finance Committee, the Bank of Canada Governor, Mark Carney yesterday reiterated his stance that … Continue reading

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USD/CAD: Canadian household debts pose significant risk, indicates BoC Deputy Governor

  For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.0054. The Loonie lost ground amid lower commodities and as the Bank of Canada Deputy Governor, Timothy Lane stated that a long … Continue reading

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USD/CAD: Loonie fell on disappointing employment and housing data

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.47% against the CAD to close at 1.0027. The Canadian Dollar weakened as investors fretted over the unexpected drop in employment in January. In Canada, employment fell … Continue reading

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USD/CAD: Canada’s building permits slumped in December

  For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 0.9980, as investor risk appetite waned after the European Central Bank expressed concern that the Euro’s strength may hurt recovery in its … Continue reading

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USD/CAD: Loonie trading lower as investors trade cautiously ahead of the ECB meeting

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9957. Yesterday, the Richard Ivey School of Business reported that, business activity in Canada improved significantly in January. In the Asian session, at … Continue reading

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USD/CAD: Canadian Dollar reverses its previous session gains

  For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 0.9957. The greenback came under pressure, as overall risk appetite increased after the release of upbeat Euro-zone and US service sector data. … Continue reading

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