For the 24 hours to 23:00 GMT on Friday, the USD rose 0.63% against the CAD to close at 0.9922. In Canada, manufacturing sales expanded 1.7% (MoM) in November, against the expectations for 1.0% rise and October’s contraction of … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9860, after positive US housing and jobs data prompted investors to look for more risk. In the Asian session, at GMT0400, the … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 0.9861. The Canadian Dollar came under pressure as government officials in Russia and Japan criticized monetary policies that have devalued major currencies … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9845. Existing home sales in Canada fell 0.5% (MoM) in December, following a 1.7% decline recorded in the previous month. In the … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9837. The Canadian Dollar moved higher after a report showed improved confidence in the domestic business community. Yesterday, the Bank of Canada’s winter … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.15% against the CAD to close at 0.9848. The Canadian Dollar turned lower on Friday, after official data showed that Canada’s trade deficit widened unexpectedly in November … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 0.9833. On the Canadian economic front, building permits slipped 17.9% (MoM) in the November, compared to a revised 15.9% rise recorded in the … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 0.9878, as overall market sentiment remained cautious amid uncertainty over the ongoing US debate about raising the debt ceiling. On the economic … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9866. On the US economic front, consumer credit increased by more-than-expected $16.0 billion in November, compared to an upwardly revised $14.1 billion increase … Continue reading →

  USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9859, buoyed by an improvement in Canada’s purchasing activity. On a seasonally adjusted basis, Canada’s Ivey Purchasing Managers Index (PMI) … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.13% against the CAD to close at 0.9872, as risk appetite improved among investors following positive US economic data. In the US, the non-farm payroll employment rose … Continue reading →