USD/CAD: Rises in Asian session

For the 24 hours to 23:00 GMT, USD declined 0.28% against the CAD to close at 0.9683. In Canada, the New Housing Price Index (NHPI) rose by 0.2% (M-o-M) in January following a 0.1% advance in December. In the US, … Continue reading

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USD/CAD: Trading flat this morning

For the 24 hours to 23:00 GMT, USD declined 0.15% against the CAD to close at 0.9710. In the US, IBD/TIPP Economic Optimism Index fell to 43 in March from a rise to 50.9 in February. In Canada, seasonally adjusted … Continue reading

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USD/CAD: CAD losses steam, as Canadian building permits fall

For the 24 hours to 23:00 GMT, USD rose 0.08% against the CAD to close at 0.9725, after building permits in Canada declined by 5.1% (M-o-M) to C$5.4 billion in January following a growth of 2.6% in the previous month. … Continue reading

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USD/CAD: Trading in a tight range

For the 24 hours to 23:00 GMT, USD declined 0.06% against the CAD on Friday to close at 0.9718. In Canada, Ivey PMI rose to 67.9 in February, following reading of 36.6 in the previous month. In the Asian session … Continue reading

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USD/CAD: Trading within a tight range

For the 24 hours to 23:00 GMT, USD declined 0.04% against the CAD to close at 0.9724. In the US, the non-farm productivity growth came in unrevised at 2.6% in 4Q FY2010 in line with market expectations. In the Asian … Continue reading

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USD/CAD: Witnessing low volatility

For the 24 hours to 23:00 GMT, USD declined 0.08% against the CAD to close at 0.9728. In Canada, industrial product prices rose by 0.2% (M-o-M) in January, compared to 0.7% growth in December. In the Asian session at 4:00GMT, … Continue reading

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USD/CAD: US dollar continues its rising trend

For the 24 hours to 23:00 GMT, USD rose 0.21% against the CAD to close at 0.9736. The Bank of Canada decided to keep its interest rates unchanged at 1.00%, in line with market expectations. In the Asian session at … Continue reading

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Trading flat this morning, BoC interest rate decision awaited

For the 24 hours to 23:00 GMT, USD declined 0.74% against the CAD to close at 0.9716. In Canada, GDP rose 3.3% in the fourth quarter of 2010 (4Q FY2010), following 1.8% growth posted in the third quarter. In the … Continue reading

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Marginally lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.42% against the CAD on Friday to close at 0.9788. The Canadian dollar rose on Friday as crude oil, the nation’s biggest export, had gained significantly in the last week. In … Continue reading

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CAD continuing to trade stronger

For the 24 hours to 23:00 GMT, USD declined 0.75% against the CAD to close at 0.9829. The Canadian dollar rose against the greenback as Libya’s uprising reduced supplies from Africa’s third-biggest oil-producing country. In the Asian session at 4:00GMT, … Continue reading

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Trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.03% against the CAD to close at 0.9903. The US Philadelphia Federal Reserve President, Charles Plosser indicated that if recovery gains strength, he would vote to cut short the Fed’s $600.0 … Continue reading

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