On Friday, for the 24 hours to 23:00 GMT, USD declined 0.07% against the CAD to close at 0.9959. Data released in Canada showed that the CPI climbed rose 2.5% (YoY) in January, following a 2.3% rise in December. Additionally, … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.37% against the CAD to close at 0.9967, as risk appetite rose after upbeat economic data in the US. In the US, initial jobless claims unexpectedly fell by 13,000 to 348,000 … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.13% against the CAD to close at 1.0004, as risk appetite dampened on speculation that the bailout package for Greece might be delayed until it holds elections this year. In the … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.16% against the CAD to close at 0.9991. Rising oil prices supported the Canadian dollar. Yesterday, the Statistics Canada reported that the number of new motor vehicles sold in Canada dropped … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.09% against the CAD to close at 1.0007. In the Asian session, at GMT0400, the pair is trading at 1.0013, with the USD trading 0.05% higher from yesterday’s close. The pair … Continue reading →

On Friday, for the 24 hours to 23:00 GMT, USD rose 0.73% against the CAD to close at 1.0024. In economic news, the trade surplus in Canada widened to C$2.7 billion in December, compared to a surplus of C$1.2 billion … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.19% against the CAD to close at 0.9951, as risk appetite increased among investors after the reports that Greece has agreed on austerity measures for a new bailout worth €130 billion … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CAD to close at 0.9970. Canadian dollar fell after the Canada Mortgage and Housing Corporation (CMHC) indicated that, on a seasonally adjusted basis, housing starts in Canada declined … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.15% against the CAD to close at 0.9948. Positive sentiment stemming from hopes that Greek political leaders would come to an agreement on the bailout terms and avoid a default, has … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.27% against the CAD to close at 0.9963. The Canadian dollar was pressurized as Greek leaders struggled with austerity measures to get a bailout, reducing demand for riskier assets. Decline in … Continue reading →

On Friday, for the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD to close at 0.9932. Canadian dollar advanced as stronger economic data from the US, nation’s biggest trade partner, supported appetite for riskier assets. The unemployment … Continue reading →