USD/CAD: Canadian Dollar trading lower in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CAD to close at 1.0254. In the Asian session, at GMT0300, the pair is trading at 1.0272, with the USD trading 0.18% higher from yesterday’s close. The pair … Continue reading

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USD/CAD: Canadian Dollar fell as investors move towards safe-haven greenback

For the 24 hours to 23:00 GMT, USD rose 0.93% against the CAD to close at 1.0312, as a relief rally that followed the approval of a rescue package for Spanish banks fizzled, with investors still worried over the Euro-zone’s … Continue reading

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USD/CAD: Loonie rose amid job gains in Canada

For the 24 hours to 23:00 GMT on Friday, USD declined marginally against the CAD to close at 1.0272 The Loonie rose after the Canadian economy created a modest but better-than-expected 7,700 jobs in May, against the market expectation of … Continue reading

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USD/CAD: Loonie rose as Canada’s Ivey PMI index surges in May, trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.07% against the CAD to close at 1.0274, amid positive economic data from Canada. The Ivey purchasing managers index in Canada rose to a reading of 60.5 in May, against the … Continue reading

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USD/CAD: Loonie trading higher this morning; Investors awaits Ivey PMI data in Canada

  For the 24 hours to 23:00 GMT, USD declined 0.95% against the CAD to close at 1.0281, amid speculation of more monetary stimulus from the US central bank. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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USD/CAD: Canadian Dollar rises on BoC outlook

For the 24 hours to 23:00 GMT, USD declined 0.12% against the CAD to close at 1.0380. The Canadian Dollar advanced after the Bank of Canada (BoC) kept its benchmark overnight rate target unchanged at 1.0%, and stated that it … Continue reading

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USD/CAD: Loonie down ahead of Canadian GDP report

For the 24 hours to 23:00 GMT, USD rose 0.25% against the CAD to close at 1.0329. In Canada, current account deficit widened less-than-expected to C$10.3 billion in the first quarter of 2012, against the market expectation of C$10.9 billion … Continue reading

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USD/CAD: Loonie fell on risk aversion & as crude oil slips

For the 24 hours to 23:00 GMT, USD rose 0.70% against the CAD to close at 1.0302, as risk aversion increased among investors following fiscal woes in Italy and Spain. Additionally, falling crude oil prices also weighed on the Canadian … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD to close at 1.0231. The Canadian Dollar came under pressure, following a weak economic data from the US, its biggest trading partner. In the US, consumer confidence … Continue reading

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USD/CAD: Loonie holds on to yesterday’s gains

For the 24 hours to 23:00 GMT, USD declined 0.09% against the CAD to close at 1.0246. In the Asian session, at GMT0300, the pair is trading at 1.0239, with the USD trading 0.07% lower from yesterday’s close. The pair … Continue reading

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USD/CAD: Canadian Dollar extends its gains on hopes that Europe crisis would ease

For the 24 hours to 23:00 GMT on Friday, USD declined 0.13% against the CAD to close at 1.0255. The Loonie rose as risk appetite increased among investors amid optimism that that Greece would stay in the Euro-zone following, Italian … Continue reading

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