For the 24 hours to 23:00 GMT on Friday, the USD rose 0.23% against the CAD to close at 0.9830. In Canada, the Gross Domestic Product (GDP) rose higher-than-forecast by 0.2% (MoM) in July, compared to a downwardly revised 0.1% … Continue reading →

For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 0.9809, as risk appetite received a boost after Spain’s cabinet approved its budget and stated that it would ease the nation’s debt crisis. … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD to close at 0.9844. The Loonie remain under pressure, as risk aversion increased after the European Central Bank official, Joerg Asmussen, warned that it would not … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 0.9814. In Canada, retail sales jumped 0.7% (MoM) in July, against the market expectation for 0.2% rise. In the Asian session, at GMT0300, … Continue reading →

  For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 0.9784. The Bank of Canada Governor, Mark Carney, stated that the China’s present economic slowdown and that of other Asian countries such … Continue reading →

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.05% against the CAD to close at 0.9769. On the economic front, Canadian wholesale sales unexpectedly fell 0.6% (MoM) in July, against the market expectation for 0.2% fall. … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 0.9764. In the US, Markit preliminary manufacturing Purchasing Managers Index (PMI) stood at 51.5 in September, unchanged from August. Additionally, the US initial … Continue reading →

For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 0.9749. In the US, the National Association of Realtors reported that the existing home sales rose 7.8% (MoM) in August, highest pace since … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9750. In the US, the current account trade deficit narrowed to $117.4 billion in the April-June quarter down from a deficit of $133.6 … Continue reading →

For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 0.9747. The Loonie came under pressure after the Canadian Real Estate Association (CREA) reported that home sales in Canada fell 5.8% (MoM) in … Continue reading →

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.26% against the CAD to close at 0.9711. The Loonie came under pressure after the manufacturing sales in Canada fell 1.5% (MoM) to $48.3 billion in July, making … Continue reading →