For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 0.9893. In economic news, Canadian industrial product price index fell 0.5% (MoM) in July, compared to a fall of 0.3% in June. Separately, raw … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.21% against the CAD to close at 0.9882, after the European Union President, Herman Van Rompuy stated that the region’s rescue fund is ready to aid Spanish banks, supporting demand for … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD to close at 0.9903, ahead of the US Federal Reserve Chairman, Ben Bernanke speech at a central bankers’ gathering in Jackson Hole, Wyoming, on Friday amid expectations … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 0.9941. In the US, the Markit flash manufacturing purchasing managers’ index rose slightly to 51.9 in August, from 51.4 in July. In the Asian … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.10% against the CAD to close at 0.9907. The Loonie came under pressure after retail sales in Canada unexpectedly fell 0.4% (MoM) in June, against the market expectation of 0.1% rise. … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 0.9897. In Canada, wholesale sales fell 0.1% (MoM) in June, marking its first drop in five months and compared to the market expectation of … Continue reading →

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9886. Fitch Ratings warned that Canadian banks would come under increased pressure as revenues from key businesses such as consumer lending and capital markets … Continue reading →

For the 24 hours to 23:00 GMT on Friday, USD rose 0.23% against the CAD to close at 0.9889. The Canadian Dollar declined, after the nation’s inflation unexpectedly slowed in July, easing speculation that the central bank would raise interest … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.29% against the CAD to close at 0.9866. Yesterday, the German Chancellor, Angela Merkel, stated that Canada is an example of how one can emerge from the crisis in a robust … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 0.9895. The Canadian Finance Minister, Jim Flaherty, stated that the global economy is still stubbornly fragile and economic headwinds elsewhere could throw Canada off … Continue reading →

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 0.9922. The Canadian Dollar rose after its largest trading partner, US, reported better-than-expected retail sales for the month of July, and as crude oil, … Continue reading →