USD/CAD: Canada’s Ivey PMI contracted to its lowest level in 4.5 years in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD and closed at 1.3186. In economic news, Canada’s seasonally adjusted Ivey PMI unexpectedly contracted to its lowest level in 4.5 years to 48.2 in … Continue reading

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USD/CAD: Canada’s international merchandise trade deficit narrowed less than forecast in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3151. In economic news, Canada’s international merchandise trade deficit narrowed to CAD$0.98 billion in September, compared to a revised deficit of … Continue reading

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USD/CAD: Loonie trading a tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3155. In the Asian session, at GMT0400, the pair is trading at 1.3156, with the USD trading marginally higher against the … Continue reading

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USD/CAD: Canada’s manufacturing sector activity expanded at its quickest pace in 8 months in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3145 on Friday. Data revealed that Canada’s manufacturing PMI advanced to a level of 51.2 in October, expanding at its quickest … Continue reading

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USD/CAD: Canada’s gross domestic product advanced in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3168. Data showed that Canada’s gross domestic product (GDP) advanced 1.3% on an annual basis in August, following a similar rise … Continue reading

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USD/CAD: BoC held its key interest rate steady at 1.75%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3163. The Bank of Canada (BoC), in its latest monetary policy meeting, held its key interest rate steady at 1.75%, as … Continue reading

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USD/CAD: Loonie trading flat in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD and closed at 1.3091. In the Asian session, at GMT0400, the pair is trading at 1.3091, with the USD trading flat against the CAD … Continue reading

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USD/CAD: Loonie trading slightly lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3057. In the Asian session, at GMT0400, the pair is trading at 1.3058, with the USD trading a tad higher against … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.3057 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3073, with the USD trading 0.12% higher … Continue reading

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USD/CAD: Loonie trading a tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3073. In the Asian session, at GMT0300, the pair is trading at 1.3072, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Loonie trading a tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3075. In the Asian session, at GMT0300, the pair is trading at 1.3076, with the USD trading slightly higher against the … Continue reading

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