For the 24 hours to 23:00 GMT, USD declined 0.32% against the CAD to close at 0.9764, despite further sharp declines in the price of oil. In the Asian session at 3:00GMT, the pair is trading at 0.9741, 0.24% lower … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.62% against the CAD, on Friday, to close at 0.9791, amid poor Canadian jobs data, decline in oil prices and concerns over the global economic recovery. The Canadian economy added 22,000 … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.65% against the CAD to close at 0.9731. Canadian dollar advanced amid surge in oil prices and as US trade deficit narrowed unexpectedly. In the US, the trade deficit narrowed to … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.53% against the CAD to close at 0.9795. In the US, the mortgage application volume, on a seasonally adjusted basis, declined by 0.4% in the week ended 3 June 2011, from … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.55% against the CAD to close at 0.9743, as investors bought riskier assets. In the US, the Atlanta Federal Reserve President Dennis Lockhart, stated that the recent struggles of the US … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.30% against the CAD to close at 0.9797, amid concerns about the slowing US economy and weakened oil prices. In the US, the Federal Reserve Bank of Philadelphia President, Charles Plosser, … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.30% against the CAD on Friday, to close at 0.9781. In the Asian session at 3:00GMT, the pair is trading at 0.9779, 0.02% lower from yesterday’s close at 23:00 GMT. The … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.16% against the CAD to close at 0.9752, amid further indications of weakening of the US economy. The Moody’s Investors Service stated that it may put US government’s Aaa credit rating … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.96% against the CAD to close at 0.9768, as downbeat US economic news fueled investor fears over the health of the US recovery. In the US, the mortgage application volume, on … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.93% against the CAD to close at 0.9675, after the Bank of Canada surprised investors with some hawkish comments in its policy statement. The Bank of Canada, left its interest rates … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.04% against the CAD to close at 0.9766, ahead of Canadian interest rate decision. In Canada, the current account deficit improved to C$8.92 billion in the first quarter of 2011 from … Continue reading →