USD/CAD: Canada’s retail sales unexpectedly fell in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3093. In economic news, Canada’s retail sales unexpectedly eased 0.1% on a monthly basis in August, defying market consensus for a … Continue reading

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USD/CAD: Loonie trading on a positive footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD and closed at 1.3089. In the Asian session, at GMT0300, the pair is trading at 1.3082, with the USD trading 0.05% lower against the … Continue reading

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USD/CAD: Loonie trading lower ahead of Federal elections

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3121 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3134, with the USD trading 0.10% higher … Continue reading

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USD/CAD: Canada’s manufacturing shipments advanced in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3138. Data indicated that Canada’s manufacturing shipments rose 0.8% on a monthly basis in August, higher than market expectations for an … Continue reading

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USD/CAD: Canada’s annual inflation advanced less than expected in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.3201. In economic news, Canada’s consumer price index (CPI) climbed 1.9% on an annual basis in September, less than market expectations … 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 0.23% against the CAD and closed at 1.3201. In the Asian session, at GMT0300, the pair is trading at 1.3208, with the USD trading 0.05% higher against the … Continue reading

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USD/CAD: Loonie trading a tad lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3231. In the Asian session, at GMT0300, the pair is trading at 1.3232, with the USD trading slightly higher against the … Continue reading

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USD/CAD: Canada’s unemployment rate unexpectedly dropped in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CAD and closed at 1.3202 on Friday. Data showed that Canada’s unemployment rate unexpectedly declined to a 40-year low of 5.5% in September, defying market … Continue reading

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USD/CAD: Canada’s new housing price index declined in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CAD and closed at 1.3290. Data showed that Canada’s new housing price index fell less than expected by 0.3% on an annual basis in August, … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3345. In the Asian session, at GMT0300, the pair is trading at 1.3317, with the USD trading 0.21% lower against the … Continue reading

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USD/CAD: Canada’s housing starts declined less-than-anticipated in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3323. On the macro front, Canada’s seasonally adjusted housing starts fell less-than-anticipated to a level of 221.2K in September, compared to … Continue reading

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