For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0113. In its latest monetary report, the Bank of Canada stated that the worsening global economic conditions would hold back the Canadian economy in … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 1.0158. The Bank of Canada maintained its key interest rate unchanged at 1.0%. The central bank noted that “the outlook for the global economy … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.66% against the CAD to close at 1.0185, as rising oil prices supported the Canadian Dollar. The Statistics Canada indicated that the number of new motor vehicles sold in Canada declined … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.65% against the CAD on Friday to close at 1.0253, as safe haven demand found support after ratings agency Standard and Poor’s downgraded nine countries in the Euro-zone, including France. In … Continue reading →

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0186, after US retail sales increased less-than-forecast and jobless-benefits claims fell, damping demand for riskier assets. In economic news, the New Housing Price Index … Continue reading →

For the 24 hours to 23:00 GMT, USD climbed 0.25% against the CAD to close at 1.0193. In the Asian session, at GMT0400, the pair is trading at 1.0186, with the USD trading 0.06% lower from yesterday’s close. The pair … Continue reading →

  For the 24 hours to 23:00 GMT, USD fell 0.64% against the CAD to close at 1.0167. On the economic front, the Canada Mortgage and Housing Corporation (CMHC) indicated that on a seasonally adjusted basis, housing starts climbed to … Continue reading →

  For the 24 hours to 23:00 GMT, USD declined 0.57% against the CAD to close at 1.0233. In economic news, building permits in Canada decreased 3.6% (MoM) to C$6.1 billion in November, following an 11.6% increase in the previous … Continue reading →

  For the 24 hours to 23:00 GMT, USD rose 0.68% against the CAD, on Friday, to close at 1.0268. Canadian dollar fell against greenback after reports showed that Canadian economy added less than expected jobs. The unemployment rate in … Continue reading →

  For the 24 hours to 23:00 GMT, USD rose 0.67% against the CAD to close at 1.0199. Canadian dollar fell against the US dollar amid decline in oil prices and as rising bond yields in France indicated renewed Euro-zone … Continue reading →

  For the 24 hours to 23:00 GMT, USD rose 0.20% against the CAD to close at 1.0131, as renewed concerns about the Euro-zone debt crisis diminished appeal for high-yielding assets. In the Asian session, at GMT0400, the pair is … Continue reading →