USD/CAD: Canadian dollar rises amid weaker greenback, higher oil prices

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD, on Friday, to close at 0.9763. In the Asian session at 3:00GMT, the pair is trading at 0.9765, 0.02% higher from the Friday’s close. The first area … Continue reading

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USD/CAD: Loonie trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.16% against the CAD to close at 0.9791. Canadian dollar was under pressure, amid lower commodity prices and weaker than expected economic growth in the US, Canada’s biggest trading partner. In … Continue reading

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USD/CAD: Loonie trading higher in Asian session

For the 24 hours to 23:00 GMT, USD rose 0.08% against the CAD to close at 0.9775, despite rise in crude oil prices, on Euro zone’s debt worries. In the US, the durable goods orders declined by 3.6% in April, … Continue reading

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USD/CAD: Canadian Dollar slips in Asian session

For the 24 hours to 23:00 GMT, USD declined 0.08% against the CAD to close at 0.9767. In the US, the new home sales, on a seasonally adjusted basis, rose 7.3% to an annual rate of 323,000 in April, compared … Continue reading

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USD/CAD: Canadian dollar advances in Asian session versus Greenback

For the 24 hours to 23:00 GMT, USD rose 0.33% against the CAD to close at 0.9775, as investors cut holdings in growth-linked currencies on the back of a broad sell off in commodities like crude oil. In the Asian … Continue reading

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USD/CAD: Loonie slides on weak retail sales, inflation

For the 24 hours to 23:00 GMT, USD rose 0.75% against the CAD, on Friday, to close at 0.9742, despite a rally in crude oil prices as disappointing economic data dragged the Loonie into negative territories. In Canada, the retail … Continue reading

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USD/CAD: Loonie higher ahead of inflation report

For the 24 hours to 23:00 GMT, USD declined 0.28% against the CAD to close at 0.9669, ahead of Canadian inflation report. In the Asian session at 3:00GMT, the pair is trading flat at 0.9668, from the New York session … Continue reading

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USD/CAD: Loonie advances for second day as commodities marches northwards

For the 24 hours to 23:00 GMT, USD declined 0.23% against the CAD to close at 0.9696, as rise in commodity prices including crude oil encouraged investors into riskier bets. In Canada, the wholesale sales increased by 0.1% in March, … Continue reading

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USD/CAD: Loonie continues to spike in Asian session

For the 24 hours to 23:00 GMT, USD declined 0.32% against the CAD to close at 0.9718, over surge in crude oil prices. The foreign investment in Canadian securities rose to C$6.3 billion in March, compared to a foreign investment … Continue reading

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USD/CAD: Pair trading above its MA’s

For the 24 hours to 23:00 GMT, USD rose 0.58% against the CAD to close at 0.9749, as heightened risk aversion pushed commodities and global stocks lower and amid speculation that the Bank of Canada may raise interest rates. The … Continue reading

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USD/CAD: Loonie down as greenback strengthens on euro-zone worries, trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 0.66% against the CAD, on Friday, to close at 0.9691, amid fresh worries over the European debt crisis. The greenback gained ground, after the European Union warned that the debt loads … Continue reading

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