For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9998, falling below parity. The Canadian Dollar rose after manufacturers’ prices rose for the first time since April. The Canadian industrial product … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0009, as concerns over prospects for global growth bolstered safe haven demand. The Canadian Dollar also slipped as the price of crude … Continue reading →

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.21% against the CAD to close at 0.9970. The Finance Department in its monthly Fiscal Monitor publication reported that Canada’s budget deficit widened to C$3.17 billion ($3.19 billion) … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9949. In the US, initial jobless claims declined to 369,000 in the week ended October 20, compared to the previous week’s revised … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 0.9944. The Canadian dollar came under pressure after the Bank of Canada Governor, Mark Carney stated that the need for higher interest rates … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9927. Yesterday, the Bank of Canada (BoC) kept its interest rate at 1.0% for the 17th consecutive time. However, it indicated that … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 0.9922. In the Asian session, at GMT0300, the pair is trading at 0.9925, 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 0.89% against the CAD to close at 0.9936. The Canadian Dollar weakened after Statistics Canada indicated that consumer price inflation rose by 0.2% in September, below expectations for … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD to close at 0.9849. The Canadian Dollar weakened, as risk aversion increased following a weak data on the US labor sector, and after potential downgrade … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CAD to close at 0.9784, following the release of significantly stronger-than-forecast US housing starts data, while hopes for a Spanish bailout also bolstered risk appetite. In the … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 0.9859. In Canada, manufacturing sales rose 1.5% (MoM) in August, compared to a contraction of 0.8% in July. In the Asian session, … Continue reading →