USD/CAD: Loonie climbed after Canadian new home prices rose in April, trading flat this morning

For the 24 hours to 23:00 GMT, USD declined 0.05% against the CAD to close at 1.0189. The Canadian Dollar advanced after new housing price index in Canada rose 0.3% (MoM) in May, following a 0.2%increase in April. In the … Continue reading

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USD/CAD: Widening Canadian trade deficit weighed on Loonie, trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 1.0194. The Loonie came under pressure after Canadian international merchandise trade deficit widened more-than-expected to $0.79 billion in May compared to a deficit of … Continue reading

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USD/CAD: Loonie declined amid falling oil prices; trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.31% against the CAD to close at 1.0229. The Loonie came under pressure after oil prices, its biggest export, fell more than 1%, yesterday. In Canada, on a seasonally adjusted basis, … Continue reading

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USD/CAD: Canadian Dollar trading lower this morning

For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 1.0197. Yesterday, the Bank of Canada’s quarterly Senior Loan Officer Survey indicated that the overall business-lending conditions in Canada eased to a reading of … Continue reading

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USD/CAD: Loonie fell on weak Canadian PMI data

For the 24 hours to 23:00 GMT on Friday, USD rose 0.35% against the CAD to close at 1.0183, after data showed that Canadian purchasing activity unexpectedly contracted in June. In Canada, Ivey purchasing managers index (PMI) on a seasonally … Continue reading

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USD/CAD: Loonie trading lower; a series of Canadian economic data awaited today

For the 24 hours to 23:00 GMT, USD rose 0.14% against the CAD to close at 1.0147. In the Asian session, at GMT0300, the pair is trading at 1.0153, with the USD trading 0.06% higher from yesterday’s close. The pair … Continue reading

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USD/CAD: Canadian Dollar declines as crude oil prices retreats

For the 24 hours to 23:00 GMT, USD rose 0.09% against the CAD to close at 1.0133. The Canadian Dollar came under pressure after crude oil, nation’s biggest export, fell more than 1.0% yesterday. In the Asian session, at GMT0300, … Continue reading

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USD/CAD: Loonie rose on higher crude oil prices, trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0124. The Canadian Dollar rose after oil prices climbed and following speculation that central banks in Europe and the US might add monetary stimulus. … Continue reading

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USD/CAD: US Dollar extended its losses against the Canadian Dollar in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.06% against the CAD to close at 1.0168, as release of weak US economic data raised speculation that the Federal Reserve may introduce another round of bond purchases to boost faltering … Continue reading

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USD/CAD: Loonie rose on optimism over EU summit & strong Canadian GDP; drifting lower this morning

For the 24 hours to 23:00 GMT on Friday, USD declined 1.52% against the CAD to close at 1.0181. The Lonnie rose, after the European leaders agreed to a decisive action to tackle the Euro-zone debt crisis, boosting demand for … Continue reading

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USD/CAD: Loonie trading higher this morning; Canadian GDP data awaited

For the 24 hours to 23:00 GMT, USD rose 0.88% against the CAD to close at 1.0338. In the Asian session, at GMT0300, the pair is trading at 1.0279, with the USD trading 0.57% lower from yesterday’s close, as risk … Continue reading

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