USD/CAD: Loonie rose on higher risk appetite

For the 24 hours to 23:00 GMT, USD declined 0.54% against the CAD to close at 0.9760. The Canadian dollar rose against the greenback amid rise in the stocks, commodities, and also gained support over optimism about the US economic … Continue reading

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USD/CAD: Canadian dollar rises on Bernanke’s remarks

For the 24 hours to 23:00 GMT, USD declined 0.64% against the CAD on Friday to close at 0.9815. Canadian dollar rose against the greenback, following the Federal Reserve Chairman Ben S. Bernanke’s comments that the US economy, Canada’s largest … Continue reading

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USD/CAD: Pair showing convergence with MA’s

For the 24 hours to 23:00 GMT, USD rose 0.06% against the CAD to close at 0.9878. In the Asian session at 3:00GMT, the Canadian Dollar is trading at 0.9873, marginally higher against the greenback from yesterday’s close at 23:00 … Continue reading

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USD/CAD: Canadian Dollar rises in line with improving risk appetite, trading flat this morning

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD to close at 0.9872. The Canadian dollar strengthened versus US dollar yesterday, as investors favoured riskier assets ahead of Federal Reserve Chairman, Ben Bernanke’s statement on Friday. … Continue reading

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USD/CAD: Canadian dollar rose on upbeat Canadian retail sales data, trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.24% against the CAD to close at 0.9882. Canadian dollar rose after retail sales in Canada increased 0.7% (M-o-M) in June, from 0.3% in May. The Bank of Canada Deputy Governor, … Continue reading

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USD/CAD: CAD continues to zoom higher in line with oil prices

For the 24 hours to 23:00 GMT, USD declined slightly against the CAD to close at 0.9906. Canadian dollar traded slightly higher against the US dollar amid rise in the crude oil prices. In the Asian session at 3:00GMT, the … Continue reading

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USD/CAD: Canadian Dollar continues to cement gains this morning

For the 24 hours to 23:00 GMT, USD declined 0.12% against the CAD, on Friday, to close at 0.9897. Canadian dollar rose against the greenback after reports showed that Canada’s consumer price index was right in line with expectations. The … Continue reading

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USD/CAD: Pair trading marginally lower, investors awaits consumer price data in Canada

For the 24 hours to 23:00 GMT, USD rose 1.10% against the CAD to close at 0.9909. Canadian dollar declined against the greenback as lower commodity prices decreased the demand for the commodity linked currency. In Canada, on a monthly … Continue reading

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USD/CAD: Canadian dollar rose as crude oil price records gains, trading marginally lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 0.9801, amid rise in oil prices. In the US, on a monthly basis, the producer price index rose 0.2% in July, following a 0.4% … Continue reading

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USD/CAD: Loonie depreciates on tipid European growth, crude oil decline, trading marginally higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.17% against the CAD to close at 0.9828. The Canadian dollar declined against the greenback as crude oil prices declined and European expansion slowed more than expected, raising concerns over a … Continue reading

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USD/CAD: Canadian Dollar rose on higher commodity prices & regained risk appetite, trading flat in Asian session

For the 24 hours to 23:00 GMT, USD declined 0.75% against the CAD to close at 0.9811, on improved investor sentiment over the state of the global economy and higher commodity prices. In the Asian session at 3:00GMT, the pair … Continue reading

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