USD/CAD: Loonie trading flat ahead of Canadian unemployment report

  For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 0.9884, after the minutes from the US Federal Reserve’s latest policy meeting revealed that it may end monetary stimulus as early as … Continue reading

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USD/CAD: Loonie trading between its MA’s

  For the 24 hours to 23:00 GMT, the USD declined 0.84% against the CAD to close at 0.9858. The Canadian Dollar advanced as risk appetite improved after the US lawmakers passed a deficit-reduction plan to avoid automatic austerity that … Continue reading

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USD/CAD: Optimism sends high yielding currencies north this morningc

USDCAD Movement   On Monday, for the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD to close at 0.9922. The Canadian Dollar advanced as the US President, Barack Obama stated that congressional leaders were “close” to … Continue reading

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USD/CAD: US Dollar trading lower this morning

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.20% against the CAD to close at 0.9970, as risk appetite fell amid rising uncertainty surrounding talks between US lawmakers to avoid the looming fiscal cliff crisis. … Continue reading

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USD/CAD: Canada Dollar stung by “fiscal cliff” fear, tad higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 0.9950. The Canadian Dollar ended weaker yesterday, as investors fled to safety after the top Democrat in the US Senate indicated that … Continue reading

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USD/CAD: Canadian Dollar trading higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 0.9939. In the Asian session, at GMT0400, the pair is trading at 0.9926, with the USD trading 0.13% lower from yesterday’s close. … Continue reading

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USD/CAD: Canadian GDP rose in October

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.56% against the CAD to close at 0.9932. On the economic front, consumer prices in Canada rose 0.8% in the 12 months to November, following a 1.2% … Continue reading

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USD/CAD: Canadian retail sales improves, Loonie trading lower this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 0.9877, amid positive retail sales data in Canada and following a rise in crude oil prices. Yesterday, Canadian retail sales increased 0.7% … Continue reading

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USD/CAD: Canadian Dollar trading lower

For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 0.9889. In Canada, wholesale sales rose 0.9% in October to C$49.2 billion ($49.9 billion) after a revised 1.5% drop in September. In the … Continue reading

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USD/CAD: Loonie continues its southward journey

For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 0.9862. In the Asian session, at GMT0400, the pair is trading at 0.9866, with the USD trading marginally higher from yesterday’s close. The … Continue reading

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USD/CAD: Existing home sales declined in Canada

For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 0.9839. In economic releases, existing home sales in Canada declined 1.7% (MoM) in November, following the 0.1% fall recorded in the previous month. … Continue reading

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