For the 24 hours to 23:00 GMT on Friday, the USD rose 0.11% against the CAD to close at 0.9855. On the economic front, manufacturing shipments in Canada declined 1.4% (MoM) in October, compared to a flat reading recorded in … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD to close at 0.9843. In economic news, new Housing Price Index (HPI) in Canada rose 0.2% (MoM) in October, slightly better than market-expectations of a 0.1% … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 0.9848, after the Federal Reserve tied its policies to economic benchmarks and stated that it would buy an additional $45 billion of Treasuries … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9861, amid speculation that the Federal Reserve in its two day policy meeting concluding today would provide additional monetary stimulus. Meanwhile, on the … Continue reading →

For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 0.9866. The Loonie appreciated as better-than-forecast factory data from China signaled stronger demand for Canada’s raw materials. Meanwhile, on the data front, … Continue reading →

On Friday, for the 24 hours to 23:00 GMT, USD declined 0.31% against the CAD to close at 0.9884. The Canadian Dollar advanced after the Canadian economy added 59,000 jobs in November, while the unemployment rate fell to 7.2%, the … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9915. Yesterday, the Canadian central bank indicated that the low interest policies that global central banks adopted are adding another layer of … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 0.9919. The Canadian Dollar closed higher yesterday, as commodity prices rose on optimism that there is more willingness on the part of … Continue reading →

  For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9933. The Loonie gained after the Bank of Canada (BoC) left its benchmark interest rate unchanged at 1.0% in December but indicated … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9944. In the Asian session, at GMT0400, the pair is trading at 0.9949, with the USD trading marginally higher from yesterday’s close. The … Continue reading →

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.13% against the CAD to close at 0.9943, amid disappointing Canadian GDP data. In economic news, on an annual basis, the Gross Domestic Product (GDP) in Canada rose … Continue reading →