USD/CAD: Loonie trading a tad lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3230. In the Asian session, at GMT0300, the pair is trading at 1.3231, with the USD trading slightly higher against the … Continue reading

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USD/CAD: BoC leaves interest rate unchanged at 1.75%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.87% against the CAD and closed at 1.3225. The Bank of Canada, in its September interest rate decision, decided to leave its key interest rate steady at 1.75%, … Continue reading

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USD/CAD: Loonie trading higher, ahead of BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.3341. In the Asian session, at GMT0300, the pair is trading at 1.3324, with the USD trading 0.13% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3328. In the Asian session, at GMT0300, the pair is trading at 1.3342, with the USD trading 0.11% higher against the … Continue reading

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USD/CAD: Canada’s economy grew at its quickest pace since 2017 in 2Q 2019

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD and closed at 1.3315 on Friday. Data showed that Canada’s annualised gross domestic product (GDP) advanced 3.7% on a quarterly basis in 2Q 2019, … Continue reading

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USD/CAD: Canada’s current account deficit narrowed more-than-expected in 2Q 2019

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3289. Data showed that Canada’s current account deficit narrowed to CAD$6.4 billion in 2Q 2019, compared to a revised deficit of … Continue reading

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USD/CAD: Loonie trading on a negative footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3309. In the Asian session, at GMT0300, the pair is trading at 1.3315, with the USD trading 0.05% higher against the … Continue reading

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USD/CAD: Loonie extends its losses amid dovish sentiments

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.3284. The Canadian dollar declined against the US dollar, amid speculations of an unanticipated rate cut in the upcoming monetary policy … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD and closed at 1.3252. In the Asian session, at GMT0300, the pair is trading at 1.3237, with the USD trading 0.11% lower against the … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3297. In the Asian session, at GMT0300, the pair is trading at 1.3315, with the USD trading 0.14% higher against the … Continue reading

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USD/CAD: Canada’s consumer price inflation remained steady in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3287. In economic news, Canada’s consumer price index rose 2.0% on an annual basis in July, beating market expectations for a … Continue reading

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