USD/CAD: Pair trading higher this morning, Investors awaits Canadian GDP data

For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 0.9495. In the Asian session at 3:00GMT, the pair is trading at 0.9503, 0.08% higher from yesterday’s close at 23:00 GMT. The first area … Continue reading

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USD/CAD: Canadian dollar weakens amid US economic slowing concern, trading steady this morning

For the 24 hours to 23:00 GMT, USD rose 0.58% against the CAD to close at 0.9489. Canadian dollar declined as oil and other commodities fell, after orders for US durable goods declined in June, sparking concern over the strength … Continue reading

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USD/CAD: Loonie rose amid US debt concerns, trading flat this morning

For the 24 hours to 23:00 GMT, USD declined 0.39% against the CAD to close at 0.9434, as investors await a resolution to the debt impasse in the US. In the US, the consumer confidence index rose to 59.5 in … Continue reading

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USD/CAD: Loonie rises over the US debt concerns

For the 24 hours to 23:00 GMT, USD declined 0.26% against the CAD to close at 0.9471, as US lawmakers failed to find consensus on raising the nation’s $14.3 trillion debt ceiling. In the Asian session at 3:00GMT, the pair … Continue reading

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USD/CAD: Trading above its MA’s

For the 24 hours to 23:00 GMT, USD rose 0.38% against the CAD, on Friday, to close at 0.9478. In the economic news, the retail sales in Canada rose by 0.1% (M-o-M) in May to C$37.5 billion following a 0.3% … Continue reading

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USD/CAD: Trading higher this morning, Awaits CPI and retail sales in Canada later today

For the 24 hours to 23:00 GMT, USD declined 0.23% against the CAD to close at 0.9442. In the US, the initial jobless claims rose to 418,000, for the week ended 16 July 2011, compared to the previous week’s revised … Continue reading

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USD/CAD: Pair trading higher in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.39% against the CAD to close at 0.9464. Canadian dollar strengthened against its greenback on Wednesday, after the Bank of Canada discussed the prospect of higher rates and as investors became … Continue reading

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USD/CAD: Loonie gained on BoC interest rate decision‎

For the 24 hours to 23:00 GMT, USD declined 0.97% against the CAD to close at 0.9501. Canadian dollar gained, after the Bank of Canada (BoC) signaled an interest-rate hike within the next few months. BoC kept its main interest … Continue reading

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USD/CAD: Loonie down on debt concerns, trading flat this morning; BoC interest rate decision in focus

For the 24 hours to 23:00 GMT, USD rose 0.54% against the CAD to close at 0.9594, as concerns of sovereign debt default in Europe and the United States weighed on investor sentiment. In economic news, the foreign investment in … Continue reading

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USD/CAD: Loonie trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.60% against the CAD, on Friday, to close at 0.9542. In the economic news, the Consumer Price Index in the US, on monthly basis, declined by 0.2% in June following a … Continue reading

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USD/CAD: Loonies reacts to Bernanke’s comments, trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 0.9600. Canadian dollar weakened against the greenback, after the US Federal Reserve Chairman, Ben Bernanke’s statement on the monetary policy dampened hopes that he … Continue reading

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