USD/CAD: Canada’s retail sales rose less-than-estimated in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3275 on Friday. The Canadian dollar declined against the US dollar, following weaker-than-expected retail sales data. Data showed that Canada’s retail … Continue reading

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USD/CAD: Canada’s house price index advanced in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD and closed at 1.3258. Data showed that Canada’s house price index rose 0.4% on a monthly basis in August, compared to a rise of … Continue reading

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USD/CAD: Canada’s consumer price inflation slowed in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD and closed at 1.3294. On the data front, Canada’s consumer price index (CPI) slowed to 1.9% on a yearly basis in August, amid decline … Continue reading

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USD/CAD: Canada’s manufacturing shipments fell in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.3247. In economic news, Canada’s manufacturing shipments fell 1.3% on a monthly basis in July, more than market expectations for a … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3239. In the Asian session, at GMT0300, the pair is trading at 1.3250, with the USD trading 0.08% higher against the … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD and closed at 1.3281 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3232, with the USD trading 0.37% lower … Continue reading

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USD/CAD: Canada’s new housing price index fell in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3211. On the macro front, Canada’s new housing price index eased 0.1% on a monthly basis in July, following a similar … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.3197. In the Asian session, at GMT0300, the pair is trading at 1.3183, with the USD trading 0.11% lower against the … Continue reading

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USD/CAD: Canada’s housing starts unexpectedly advanced in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3147. In economic news, Canada’s seasonally adjusted housing starts unexpectedly rose to a level of 226.6K in August, confounding market expectations … Continue reading

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USD/CAD: Loonie reverses its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3165. In the Asian session, at GMT0300, the pair is trading at 1.3172, with the USD trading 0.05% higher against the … Continue reading

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USD/CAD: Canada’s unemployment rate remained unchanged in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD and closed at 1.3180 on Friday. On the macro front, Canada’s unemployment rate remained unchanged at 5.7% in August, at par with market expectations. … Continue reading

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