For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9505. In the US, the durable goods orders increased by 2.5% in March following a revised 0.7% rise in the previous month. Additionally, the … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.31% against the CAD to close at 0.9506, as oil prices continued to move northwards. In the US, The Federal Reserve Bank of Richmond stated that its manufacturing index dropped to … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.02% against the CAD to close at 0.9536. In the US, the new home sales rose by 11.1% to an annual rate of 300,000 in March from the revised rate of … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.25% against the CAD to close at 0.9530. In the US, mortgage applications increased by 5.3% for the week ended on April 15 compared to a 6.7% drop in the previous … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.92% against the CAD to close at 0.9554, after higher-than-expected inflation figures sparked a rally in the Canadian dollar, reviving expectations that the Bank of Canada might resume raising rates again … Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.47% against the CAD to close at 0.9643. The Canadian dollar softened against the greenback yesterday in a flight to safety as a squall of uncertainty, including Standard & Poor’s long-term … Continue reading →

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD, on Friday to close at 0.9598. The Federal Reserve Bank of New York revealed that its general business conditions index rose to a reading of 21.7 in … Continue reading →

he Philadelphia Federal Reserve President, Charles Plosser indicated that there is ample evidence that the US economy is on the mend and that a moderate but sustainable recovery was underway. Continue reading →

For the 24 hours to 23:00 GMT, USD rose 0.03% against the CAD to close at 0.9628. The Bank of Canada, in its monetary policy report upgrades Canada’s growth forecast in 2011 to 2.9% from previous 2.4%, also revises GDP … Continue reading →

USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning For the 24 hours to 23:00 GMT, USD rose 0.68% against the CAD to close at 0.9625. The Bank of Canada decided to maintain the target for the overnight … Continue reading →

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9560. The International Monetary Fund (IMF), in its April 2011 World Economic Outlook report stated that the global economic recovery is gaining strength, but … Continue reading →